Once Upon a Car LP

Download or read book Once Upon a Car LP written by Bill Vlasic and published by Harper Collins. This book was released on 2011-10-04 with total page 624 pages. Available in PDF, EPUB and Kindle. Book excerpt: Once Upon a Car is the brilliantly reported story of Detroit’s fight for survival, chronicling how the country’s Big Three auto companies—General Motors, Ford, and Chrysler—teetered on the brink of collapse during the 2008 financial crisis. Bill Vlasic takes readers behind closed doors and into the executive offices, assembly plants, and union halls to introduce a cast of memorable characters, many of whom speak out for the first time, including the executives who struggled to save their companies but in the end had to seek a controversial, last-gasp rescue from the American government. The story moves from the gleaming corporate skyscrapers and massive auto plants to the U.S. Congress and into the Oval Office, where President Obama and his aides wrestled with how to keep General Motors and Chrysler from going out of business. Vlasic shows why the bailout worked, and how Detroit can succeed under new leadership and build automobiles equal to any in the world.