Congress to Decide on Big Three Auto Bailout; AutomotiveCrossing Promises to Speed up Efforts (2008-12-10)
Millions of automotive jobs are in danger of getting slashed, if the US auto industry collapses, according to a recent study by the Economic Policy Institute (EPI), a non-profit firm based in Washington DC. This dismal job report is expected to get real and happening, if the Big Three of the automotive industry which includes General Motors, Ford Motors, and Chrysler, close down. The Congress is yet to decide on the bailout amount for keeping these companies afloat. The whole automotive industry is struggling, unable to bear the pressure generated by the overall downturn.
