Within days, the fate of auto giant General Motors will be detailed by the federal government. Why is GM open to bankruptcy after months of kicking and screaming against it? Why did the negotiations with bondholders seem to go much better in the case of GM compared to the friction in the Chrysler case? What is the actual plan to return GM to profitability? What will a more prominent role for the United Auto Workers mean for the future of the auto industry? And do GM and Chrysler officials really believe the government-mandated course of action really steer them back in the right direction? We ask Marty Padgett, editor of thecarconnection.com.
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