The Auto Bailout 10 Years Later: Was It the Right Call?

Assembly line in a car manufacturing plant with partially assembled car bodies in a row, highlighting automotive production.

Back in 2009, the $80 billion auto industry bailout met with severe backlash from both lawmakers and a public already angered by the taxpayer expense needed to salvage Wall Street. Ten years after the financial crisis that nearly caused the industry’s collapse, PVMI director John Paul MacDuffie evaluates the bailout’s merits.Read More