In the North American auto industry when did market failure occur?

August 13th, 2010 | by Administrator |
MoMo RC asked:

Economically speaking when did market failure occur in the North American auto industry for GM, Chrysler, and Ford?

My guess is the market failed due to government intervention and people had to pay taxes for the bailout? But I don’t know how and if this is even right.

Thanks to anyone who has some insite on this.

Cable Lighting Fixtures

  • General Motors Beat the Street and Only Lost 323 Million Dollars in Q1
  • Array
  • DURA Automotive Wins General Motors Glass Contract
  • General motors-EMD - Europe
  • Gaywheels.com Partners With Saturn at Gay Days Orlando
  • UK MC in Mix Show Power Summit $50k Rap Battle
  • S&P Affirms Ratings for General Motors, GMAC

    • Sorry, comments for this entry are closed at this time.