Press Nearly Mum As VW Displaces GM As World's Number Two Automaker

Tom Blumer
January 31st, 2014 4:58 PM
In yet another negative milestone for the bailouts that supposedly saved the U.S. auto industry — already a hard-to-handle claim given that Chrysler, one of the two beneficiaries, is now 100% owned by an Italian company — Volkswagen has surpassed General Motors as the world's number two automaker behind Toyota. The reporting on this development has been quite sparse. It's not news at the…