Detailed text transcripts for TV channel - CNN - 20100719:14:45:00
Gm and chrysler then announced more than 2,000 closures. now the criticism saying that these dealerships were closed too fast without putting enough thought into it. >> so what's the government's response? what's going to happen now? >> well, the government is saying without us, without this plan it would have been a lot worse. so here's what the government is saying. gm and clis sler faced almost certain failure and liquidation which would have resulted in the loss of hundreds of thousands of american jobs across multiple industries. some of these dealerships have been reinstated, and they sa...
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