Anonymous ID: 8a3f31 May 30, 2019, 4:18 p.m. No.6631339   🗄️.is 🔗kun

>>6631124

>General motor is in so much shit!

 

HA HA HA HA HA HA HA breathes

HA HA HA HA HA AHHAHAHHHHHHHAHAHAHAHAH

 

Those who do not learn history are doomed to repeat it

 

>The General Motors streetcar conspiracy refers to convictions of General Motors (GM) and other companies for monopolizing the sale of buses and supplies to National City Lines (NCL) and its subsidiaries, and to allegations that this was part of a deliberate plot to purchase and dismantle streetcar systems in many cities in the United States as an attempt to monopolize surface transportation.

 

>Between 1938 and 1950, National City Lines and its subsidiaries, American City Lines and Pacific City Lines—with investment from GM, Firestone Tire, Standard Oil of California (through a subsidiary), Federal Engineering, Phillips Petroleum, and Mack Trucks—gained control of additional transit systems in about 25 cities.[3] Systems included St. Louis, Baltimore, Los Angeles, and Oakland. NCL often converted streetcars to bus operations in that period, although electric traction was preserved or expanded in some locations. Other systems, such as San Diego's, were converted by outgrowths of the City Lines. Most of the companies involved were convicted in 1949 of conspiracy to monopolize interstate commerce in the sale of buses, fuel, and supplies to NCL subsidiaries, but were acquitted of conspiring to monopolize the transit industry.

 

https://en.wikipedia.org/wiki/General_Motors_streetcar_conspiracy