Marshall Plan for auto industry ~ Hybrid Car Review
Hybrid Car Review: Marshall Plan for auto industry

Saturday, February 11, 2006

Marshall Plan for auto industry

An interesting idea being touted by the United Auto Workers Union (UAW) and now being championed by Hillary Clinton (D-Sen, NY). The "Marshall Plan" for automotive makers who invest in fuel-efficient technologies, such as hybrid or ethanol cars, would get federal funding for retiree benefits.

The Marshall Plan comes from history. After WWII, Secretary of State George C. Marshall developed a plan to aid Europe in getting back on it's feet after the devastation to it's economies, infrastructure, and people.

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