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What will happen to the US automakers?

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There has been a lot of focus on United States’ automakers Ford, GM, and Chrysler.

I have blogged about GM and Chrysler trying to merge to help keep their heads above water during these hard times. Ford’s stocks are trading around $2 a share, or less. They are all in a lot of trouble. So much trouble that the democrats in congress are trying to get the Bush administration to help “bail out” the companies.

I was just wondering when something will be done to help out the companies…Like with the bank bailouts, I think there should be some kind of rules with helping them out. Perhaps job creation or implementing renewable energy technology…


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