Why would F follow GM into ch 11 voluntarily? Makes no sense!
The UAW is negotiating. I think the UAW is getting the message that they can't demand super high wages/benefits like they did in the good all days. Things have changed. The Mexican and Chinese autoworkers are a lot cheaper!
I think Obama and the Democrats are doing the right job by keeping the pressure on GM/Chrysler. Wagoner needs to go. Or GM should at least have a non-executive chairman.