NASCAR's France asks Congress to help...

NASCAR's France asks Congress to help Big 3 automakers

There are 1 comment on the Battle Creek Enquirer story from Dec 7, 2008, titled NASCAR's France asks Congress to help Big 3 automakers. In it, Battle Creek Enquirer reports that:

NASCAR chairman Brian France has lobbied Congress to support a financial rescue plan for the struggling Big Three automakers.

Join the discussion below, or Read more at Battle Creek Enquirer.

John D

United States

#1 Dec 8, 2008
I am all for a $25 Billion bridge loan. Here are my conditions.

1. Replace the CEO of GM. He has lost $80 Billion in the last 10 years.
2. Move ahead the UAW contract to start 2009 (that would have kicked in in 2010)
3. Change the health benefit and per hour pay for the UAW to be in line with Toyota, Nissan in the US, immediately.
4. Force the shutdown of plants in the next 90 days to align with capacity.
5. No executive bonuses for 2009 and 2010.
6 Chrysler balance sheet must be transparent, if it wants a bailout.

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