Friday, April 24, 2009
Car Crisis
There was more news released today on the ailing auto markets here in Canada. The Chrysler company and their unions have come to agreements to meet the demands of the Government to obtain their bail out package form the Government. That is good news for the Chrsyler company for sure. In other news GM has announced the end of the Pontiac brand of vehicles, this was very disapointing news for us as we have always had Pontiac vehicles. We have always preferred the look of the Pontiac brand over their other GM counter parts and other Manufacturers. It is unfortunet that the industry has come to this but apparently it is necessary to restructure and stay in business.
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