Feb 24
Should you buy a car from an automaker facing bankruptcy? What if you’re looking at a car loaded with technology features? Here’s a Q&A:
Q: Why are some automakers on the verge of bankruptcy?
A: They’re the ones (typically) making the cars few buyers want, or they have cloudy product plans for the future. And they’re paying the penalty for sweet union contracts that never imagined there’d times like this.
Q: Like American automakers? Like Chrysler?
A: Like Chrysler specificially. A lot of people in the industry think Chrysler’s a goner. Chrysler has brand equity in the Jeep name and a lot of people still like their minivans and pickups. But there’s not a whole lot more.
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