
GM on Sunday has posted a You Tube video that shows what can happen if the U.S. auto industry would fall. The video indicates the industry is faced with an “imminent collapse” that could lead to the loss of 3 million jobs in 2009.
If a collapse will occur, 2 million people could lose their jobs in the first year!. !Also, a collapse of the U.S. auto industry would reduce personal incomes by $150.7 billion, the automaker warns.