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The auto industry didn't need the bail out though.
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GM desperately needed the bailout, so no.
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On the other hand you have Chrysler taking the bailout money then selling out to Fiat who is now outsourcing the production of Jeeps to china.
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I don't want to start a full-out argument, so I hate to be so blunt, but that is completely wrong. Just a political stunt to get more Ohio votes.
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Posted by Chrysler CEO Sergio Marchionne
Chrysler Group's production plans for the Jeep brand have become the focus of public debate.
I feel obliged to unambiguously restate our position: Jeep production will not be moved from the United States to China.
North American production is critical to achieving our goal of selling 800,000 Jeep vehicles by 2014. In fact, U.S. production of our Jeep models has nearly tripled (it is expected to be up 185%) since 2009 in order to keep up with global demand.
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His entire response can be found here:
http://www.hispanicbusiness.com/2012...esponds_to.htm