GM to Curb Future Car Production

As I have posted before the financial crisis is severely eating away at progress and production of future cars. GM is the latest company to announce that they are scaling back green car production.

The irony of the situation is that the gov't demands that GM and the others produce more environmentally friendly vehicles, yet it is clear that the big three need the bailout cash to up green car production.

The biggest companies like GM are having issues with paying engineers to further development when they need return from car sales now.

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