There is no bailout money for tire manufacturers

March 30, 2009

Perhaps you read about the government's "gift" of $5 billion to some automotive parts suppliers. Did you know the money isn't a load or a bailout? Did you know that General Motors Corp. and Chrysler LLC will administer the program?

Modern Tire Dealer Editor Bob Ulrich discusses the program and who qualifies for the money in his latest blog, "OE tire makers 'look at' aid from the government." Goodyear Tire & Rubber Co. seemingly would be a good candidate for some of the funds. What does Ulrich think? And do they even want to participate?

To find out, first click on "Blogs" on the www.moderntiredealer.com's home page, and then B.O.B. (what else would he call his blog?). Then let us know what you think!