Save the U.S. auto industry prevented workers

Automotive Proizvodstvo14-12-2008 Save the U.S. auto industry workers prevented the first round of the fight to save the American auto industry ended in the defeat of automotive companies. Even in the truncated version, it failed in the Senate. Legendary "Detroit Three" automakers (Ford, Chrysler and General Motors) is waiting for a bleak future, experts believe. Last week the U.S. Senate passed a plan to provide a discussion of anti-crisis loans to American auto industry $ 14 billion meeting was of the closed nature and its contents became known only at the end of the week. The stumbling block was the position of trade unions. Representatives of the Republican Party, as a condition of assistance required by the Joint Trade Union of workers in the auto industry to accept wage cuts from next year. Union leaders do not agree do not go this measure, at least until 2011. It is unknown what will happen in 2011, but the bankruptcy of U.S. automakers could begin as early as next week, said financial analyst Bigness.ru company UMIS Eduard Kovalenko. U.S. auto giants are burdened with enormous debt load, which have nothing to refinance against the liquidity crisis and a collapse in demand for cars.