Last month, Congress told auto executives to try again in their efforts to land $25 billion in loans from the government. Now they want $34 billion. Should they get it? How urgent is the need for this money? Will they just be back for more in a few months? Can they ever hope to pay back the loans? And what gives us any optimism that the Big Three have a plan for success if they can get a boost from Uncle Sam? We ask automotive industry insider Peter DeLorenzo, author of “The United States of Toyota”.
