So, why are the CEO’s of GM, Ford and D-C meeting with Bush? Moolah? Do they want tariffs? A loan? Pension relief? Healthcare? (BTW, why is the auto industry the only one crying about healthcare costs?)
I have been very critical of the American Auto Companies. I think that they haven’t been thinking out of the box. The cars still are dull and not that reliable. Isn’t that the problem? Did you see that the new Lexus can parallel park itself? So, what is cool and neat in the Caddy or Lincoln? Anything?
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From CNN.com:
Top executives from General Motors, Ford and Chrysler got their meeting with President Bush Tuesday, and while they left saying they were pleased by the talks, they also left without any firm pledges of help from the administration.
Still, in comments outside the White House after the afternoon meeting in the Oval Office, the executives said there was progress – and promises of more dialogue and negotiations ahead.
GM CEO Rick Wagoner said a couple of times that the executives and the president were not in agreement.
There were “some areas where, frankly, we might see it differently – exchange rate policy in particular,” he said. But still he and the other executives said they felt Bush was supportive of their overall goals.
“He didn’t make any promises other than making sure that the playing field is even on both sides,” said Tom LaSorda, the head of Chrysler Group, the North American unit of DaimlerChrysler, speaking about the president’s upcoming trip to an Asia-U.S. trade summit later this week. “It was a tremendous dialogue with the president this time.”