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The Obama administration gave General Motors and Chrysler failing grades Monday for their turnaround efforts and is asking the automakers …
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Created November 18, 2008 by
Your thoughts on the auto industry

The Obama administration gave General Motors and Chrysler failing grades Monday for their turnaround efforts and is asking the automakers to undergo significant restructuring while they continue to receive operating funds.

 

As part of the overall bailout strategy, GM CEO Rick Wagoner has been asked to step down at President Obama's request.

 

We want to hear what you have to say. Should companies getting failing grades continue to receive bailout money? Can the auto industry be saved? Share your thoughts in a short video commentary.

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