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Should the states support the car industry?

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State finance

The past week the car industry has been taking up a lot of space in the news. The industry is suffering from the financial situation, not selling any cars. The spokesmen of the industry have been saying the the governments must take action as they have done in relation to the banking industry. I not really sure wether I like this idea?

The US

Most obviously the American car industry is in big trouble, as this is the greatest producer of car in the world. But Opel in Germany are also having problems. Opel has asked the German government to grant money to keep the factory from closing. read more about the dilemma of financial support to the car industry here

Written by admin

november 23rd, 2008 at 8:55 pm

Posted in business

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