Talking Point: Proposed auto bailout's effect on local car dealers


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(KSL News) This evening it looks like Chrysler and General Motors may get some help after all.

The White House is indicating President Bush will OK $14 billion in short-term loans, money that will come from the $700 billion appropriation to rescue the financial industry.

While the Bush administration says it's ready to step in to avoid an auto industry collapse, several administration officials say nothing is imminent. So where does that leave local car dealers?

Craig Bickmore, who heads the New Car Dealers Association of Utah, was in Washington, D.C., as the bailout bombed last night. He joined us to discuss the issue in tonight's Talking Point.

To view this Talking Point segment, click the play button above.

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