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JPMorgan Chase & Co. Message Board

  • escarigo70 escarigo70 Feb 14, 2013 11:01 AM Flag

    The French car industry

    The situation of the european auto industry is bad but worst his the french auto industry because the french government is not learn with president Obama, the french government his helping the french car industry by bailout, they are closing in east and south europe divisions of big auto companys and concentrating in france, but what happens in the short time the french government don´t have incrase in unemnployment, but what happen if they don´t have sucess, the shareholders of the auto french companys will lose is worth specially the banks, if the banks have exposore to the french auto industry they will have losses and the profit that the government had in concentrating the auto industry in france will need to bailaut the banks again, i believe that president Obama by transfering general motors to china protect GM now is in good health and the investors that invested after the bankrrupsy have worth now.

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