1
Gettelfinger: Auto loans help keep U.S. jobs on Fri Mar 06, 2009 2:18 am
Admin
Admin
Last week's financial results and this week's sales figures show that the U.S. auto industry still faces serious financial challenges.
As the Obama administration considers whether to provide additional loans to GM and Chrysler, the UAW asked Level Field Institute, a research firm based in Washington, to answer two questions:
• Do auto jobs matter to the U.S. economy anymore?
• If so, do some companies matter more than others?
Automakers support about 3 million U.S. jobs, but the bulk of those jobs come from Chrysler, Ford, and GM. GM employs nearly as many workers as all the foreign automakers combined. Ford and Chrysler each employ more Americans at a single one of their plants than Volkswagen, BMW, Subaru, Mercedes, Hyundai and Kia each employ nationwide
Read More
As the Obama administration considers whether to provide additional loans to GM and Chrysler, the UAW asked Level Field Institute, a research firm based in Washington, to answer two questions:
• Do auto jobs matter to the U.S. economy anymore?
• If so, do some companies matter more than others?
Automakers support about 3 million U.S. jobs, but the bulk of those jobs come from Chrysler, Ford, and GM. GM employs nearly as many workers as all the foreign automakers combined. Ford and Chrysler each employ more Americans at a single one of their plants than Volkswagen, BMW, Subaru, Mercedes, Hyundai and Kia each employ nationwide
Read More
