The potential failure of one or more of the three U.S.-based automakers would cut up to 2.5 million jobs in the first year as production ground to a halt throughout the industry, according to an auto industry consultant group on Wednesday.
Want to talk about high unemployment? Want to talk about unstable markets?
The failure of any of these companies would rock the economic state of this nation and destroy Metro Detroit as we know it.
I’m amazed this isn’t discussed more outside of Detroit.