Chamber worries gov’t may unduly influence GM

The U.S. Chamber of Commerce critiqued the Obama administration’s decision to provide addition support to General Motors, worrying that the government had already unduly influenced the automaker’s operations.

The leading business group apparently did not take the administration’s claims Sunday night that it wanted to be as uninvolved as possible in GM’s operations at face value.

“Our biggest concern with the restructuring plan expected to be announced later today is the potential for governments and unions to influence production, product, workforce, and management decisions in ways that could jeopardize the automakers

Tags Automotive industry in the United States Business Company Reorganization Economic history Economics Economy of the United States General Motors Labor Late-2000s financial crisis Politics Presidential Task Force on the Auto Industry Transport

Copyright 2023 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. Regular the hill posts

Main Area Top ↴
Main Area Bottom ↴

Most Popular

Load more