Friday, May 29, 2009
Deep Question
If General Motors (which will be 72.5% government owned) fails to achieve the stringent new CAFE mandates set by President Obama, will they have to pay a fine to the government as others have? Assuming GM is still on the dole, what will be the net effect? Will Uncle Sam pony up the money so GM can pay Uncle Sam the penalty?
Labels:
CAFE Standards,
GM
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