So, how those Detroit 2 bailouts workin’ for you?

Jan 6, 2012

What a difference a bailout makes.

I think those 2008-2009 bailouts of GM and Chrysler gave those two Detroit automakers a better chance to recover faster, stronger. Chrysler ended 2011 with a big 26% jump in sales over 2010 — and a 37% jump just in December. Not too shabby.

GM finished 2011 with a year-over-year gain of 13%. That’s nice, too. Ford, which didn’t take taxpayer money, finished 10% above its 2010 numbers.

Now, maybe it’s just that the U.S. economy finally has begun its slow, uphill recovery, but those GM and, especially, Chrysler year-end numbers ain’t bad.

Yes. What a difference the bailouts made.