(CNSNews.com) – A White House report on General Motors says the company’s restructuring plan will not lead to a sound company, in part because the beleaguered auto giant’s proposal to rely more heavily on advanced, fuel-efficient cars is not commercially viable. The report’s findings stand in stark contrast with the President’s chief goal for America’s auto industry: leading the world in green car production.
Thursday, April 02, 2009
(CNSNews.com) – A White House report on General Motors says the company’s restructuring plan will not lead to a sound company, in part because the beleaguered auto giant’s proposal to rely more heavily on advanced, fuel-efficient cars is not commercially viable. The report’s findings stand in stark contrast with the President’s chief goal for America’s auto industry: leading the world in green car production.
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