Things are looking up at the Big Three already. Well, at least that's what Automotive News is reporting today. The piece quotes UAW boss Ron Gettelfinger who claims that Chrysler and GM may not need any additional government loans. ""If we can get by without more money, that's what we want to do," he told AN.
Mr. Gettelfinger is no stranger to overly optimistic statements, but he wasn't alone. An unnamed source at GM also expressed confidence that the worse might be over. When asked if GM will request more government money, the source said "no." "We've got enough money," the source told AN.
Good to know there's some optimism in Detroit these days, but we're guessing that both Ron and GM's Deep Throat might be a little premature with their rosy outlooks.
subytrojan says:
06:30 PM, 01/ 6/09
Subscription required. :(
albook says:
07:27 PM, 01/ 6/09
??HUH??
stovt001 says:
10:00 PM, 01/ 6/09
Real big "Ifs" but great if it works out so well.