Friday, October 30, 2009

Fritz says GM need not any further aid from Washington

Fritz Henderson went to Washington to have a word the folks who wrote the $ 50 billion check to keep General Motors alive. Where he answered a number of issues raised from the Washington Post, the investment and the "new" company, it creates. His answer is sound, but qualified, a bit vague - it is to be expected, as economic crisis, will not be any close.

With regard to monetary issues, he said: "Any reasonable planning program", they have read does not involve any government, a written examination, and said that he returns, "If we let our work well, I think the Government has received a relatively a high return on investment a good opportunity. "This can be understood as all of the words," We can not identify what would happen. "But 4 months into his job still too early to Henderson's commitment to do well during the year, Therefore, at least, we will see the next round of general-purpose vehicles as before, we analyze the authenticity of his.


In other scores, Henderson praised the United Auto Workers, kicked in the door of hydrogen vehicles, estimated that the Chevrolet Volt will be at 4 million, he said, electric cars need to have more the price of other sources of investment decline . Click on the link to the words of a break in the Chiang Kai-shek. Humer's Sale! !

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