Maybe Not This Time…
…at least not so directly:
The Treasury Department has turned down a request by General Motors for up to $10 billion to help finance the automaker’s possible merger with Chrysler, according to people close to the discussions.
Instead of providing new assistance, the Treasury Department told G.M. on Friday, the Bush administration will now shift its focus to speeding up the $25 billion loan program for fuel-efficient vehicles approved by Congress in September and administered by the Energy Department.
I guess that’s why Ford plans to build more trucks.
But it is an excuse to add Yet Another Oldie-but-Goodie: