Speaking as a Detroiter… a bailout is likely not feasible anymore politically, if not financially. Even the UAW is not investing much into automotive labor anymore - heavily diversifying into graduate labor. They see the writing on the wall. The Big 3 are structurally dead. They ain’t coming back.
David RobertsUS automakers will be back asking for yet another public bailout in a few years. One of many depressingly predictable recurring cycles in US politics.