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Wednesday, September 10, 2008

GM demands 50 billion from the government

GM believes that the government should grant them $50 billion in loans. Representatives from GM believe that US automakers need to build more fuel-efficient vehicals. They will only contribute their part to that if congress grants them this loan by September. This is also a matter of National emergency because auto retailers were more concerned with getting consumers to purchase non-fuel-efficient vehicals and trucks. I believe GM has a valid point but don't neccesarily agree with their way of being heard.