Barry Artiste Op/Ed
Besides bailing out the Big Three and protecting Workers Jobs, one other consideration shjould be in the forefront. People who have bought New Cars from the Big 3 costing an average of 30,000 dollars may be left without a Warranty in the event the Big 3 go bankrupt. The bailout mind you is being paid for by taxpayers who are also Warranty holders of these new cars. Funny there is no mention of what will happen to the consumer in the event they are left warrantyless. But then that is par for the course when it comes to the consumer now isn’t it?
Canadian Auto Workers president Ken Lewenza praised the announcement of a potential $3.3-billion lifeline to the country’s car industry, but warned that it should hinge on promises by manufacturers to maintain jobs and keep plants open.
“The reason the CAW pushed for government involvement is because all governments are intervening in the economy and in particular the auto industry,” Lewenza told CTV Newsnet Saturday.
“But we want to protect our existing investment and our existing facilities. So there has to be a condition of government intervening to support the existing facilities and keep them open.”
Ontario NDP leader Howard Hampton said automakers should be providing both employment and product guarantees, if they are receiving government assistance.
“You need to get product guarantees, in other words, you want to be producing the cars and trucks of the future that people want to buy,” he said during an appearance on CTV Newsnet on Saturday.
“And secondly, you need some job guarantees.”
Source: ctv.ca
Tags: World | Automakers | US Politics