It is necessary to close many unprofitable GM and Chrysler dealerships and there is no reason taxpayers should prop them up; bankruptcy is the important mechanism that finally allows this restructuring despite the human cost to dealership owners.

normativepending

Speaker

Michael Munger

Evidence Quote

it's so important that they've been able to go into bankruptcy... the fact is we have to get rid of a bunch of these

Source

Michael Munger on Franchising, Vertical Integration, and the Auto Industry 06/22/2009EconTalk
Created: 6/17/2026, 10:31:26 AM

My Notes

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