The Big Three

The giving Three The automotive industry in the U.S. primarily consists of what ar commonly referred to as The Big Three. These three companies consist of commonplace Motors, Ford, and Chrysler. As of late, the CEOs of these three companies gather in lobbied for a 34 cardinal dollar bailout from the U.S. Government to nourish their companies from falling into bankruptcy. These CEOs claim that their companies be revealing at a very rapid place as a direct result of the global financial crisis as opposed to their poor decision-making over the past galore(postnominal) years. My question is, where do all these bailouts end, especially for companies that have through nothing but run themselves into the ground? How can we, as taxpayers, allow our money to go to the same people that brought this crisis upon us? Senator Richard C. Shelby (R-Ala.) insists that, If you deal with the people who brought the failure to these companies and keep them in office, keep them in power, with federal money, youre just going to have more of the same problems and nothing is going to happen…(A9), a statement with which I couldnt agree more. I fail to understand why we continue to provide bailouts to companies that have through with(p) almost nothing to stop their own downfall.

The failure to correct to an ongoing need for more fuel-efficient and cheaper vehicles is a major endorser to the downfall of the auto industry in the United States. It has been The Big Threes failure to be more conciliatory in its manufacturing processes that has caused car companies in different countries to take the jumper cable in the automotive industry. Companies such as Honda have seen a steady increase in sales and have in the main avoided The Big Threes crisis by having the foresight to put out a strong lineup of cars that get good plash mileage. And its factories are so flexible that it can quickly exonerate more vehicles that are in demand (Krisher 7), according to Mr. Krisher of the Associated Press. It has been Hondas ability to be flexible to consumer... If you want to get a full essay, order it on our website: Ordercustompaper.com

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