Projo Cars Blog

European governments poised to help their automakers

3:17 PM Mon, Nov 24, 2008 |
Peter C. T. Elsworth    Email

LONDON -- European governments are ready to rush in with cash to prop up their own sagging auto industry, if U.S. taxpayers bail out America's Big Three carmakers, according to USA Today.

"There's going to be a mad rush to prop them up," predicts auto industry analyst John Wormald of London-based consulting firm Autopolis. "It's going to be some kind of race."


social bookmarking


Leave a comment





Type the characters you see in the picture above.