Does America have Total Confidence in GM?

General Motors came up with a new plan for cutting costs, and may just be able to keep the White House writing checks a little while longer so the company can stay afloat. The plan calls for GM to close over 40% of their dealerships and eliminate the Pontiac brand.

The dealership closures will result in over 137,000 jobs being lost. State tax revenue losses will be in the Billions. Of course, the only way to save GM or Chrysler is for Americans to buy American brands. It may already be too late for GM and Chrysler, but luckily the US has one brand of vehicle that will be able to weather this economic storm.

The new Ford Fusion, Taurus, Flex, Edge, Mustang, and F-150 are great vehicles. You will think so too once you have driven one. Read the reviews and you will find that Ford Motor Company is actually making outstanding vehicles. I just bought my wife a new Edge, and she loves it.

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Tags: 2009, auto, automotive news, buy american, car, Chrysler, Credit, dealers, F-150, Ford, ford motor company, general, general motors, GM, loan, loans, Taurus, tax, vehicles, Washington

This entry was posted on Tuesday, April 28th, 2009 at 11:32 AM and is filed under Autos, Car Dealers, GM, auto dealers, auto industry, auto industry crisis, automotive news, general motors. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.