Aaron Cohen reports on the new partnership between the Federal government and the Big Three US automakers to develop a standard technology for electric car batteries.
On Tuesday, President Obama announced a plan to spend over $800 million to clean up closed GM plants. One of those sites lies in Massena, NY, but it badly needs a cleaning as it is now considered a heavily polluted area by the EPA.
Last week Chrysler filed for bankruptcy and formed an alliance with Italian automaker, FIAT. But will Fiat’s corporate culture mix with Detroit-style automaking? And how are the unions responding?
Chrysler is getting another chance to rewrite its business plan and this time it’s with Fiat, the Italian car company. This is Fiat’s way of breaking into the American auto industry and Chrysler’s way of keeping its cars on the roadway.
To help sift through this latest chapter of bad news for the American auto industry The Takeaway is joined by Nick Bunkley, who writes about the auto industry for The New York Times.