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Automobiles.
(From Arabies Trends)
Byline: FARID AL-ITTIHAD Abu Dhabi
Where do automakers turn when they are in serious trouble? To governments, preferably their
own. ThatOs what Chrysler did in the 1980s, when it successfully sought help from the US
government. ThatOs what Daimler Motors did, too, when it needed a major infusion of cash ETH
although the state investor was Kuwait, rather than Germany. Now, itOs the turn of another
German carmaker to look to a Gulf state for an urgently needed capital infusion.
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