3 ms·
I don't know if it's true, but I wouldn't be surprised if many states didn't heavily subsidize their own car manufacturers early in the automobile boom.
by baddox 10y ago
I don't know if it's true, but I wouldn't be surprised if many states didn't heavily subsidize their own car manufacturers early in the automobile boom.
- dsr_ 10y agoTo a first approximation, every nation subsidized their automotive manufacturers directly (government ownership, policies) and indirectly (contracts for building military vehicles, building highway systems and regulating the industry).
- mtdewcmu 10y agoGood old-fashioned government subsidies. I guess you can't overlook the US-automaker bailout under Obama as being part of this process.
- Arizhel 10y agoYep, if it weren't for that, GM would probably be out of business now. Too bad.