By Andrew Ganz
Monday, Mar 9th, 2009 @ 8:07 am
 
Arizona senator and former presidential candidate John McCain said that, though he is pleased to see the Obama campaign actively getting involved in the fledgling United States auto industry, he says that General Motors should be forced to go into bankruptcy and be subject to a thorough restructuring.

"I think the best thing that could probably happen to General Motors, in my view, is they go into Chapter 11, they reorganize, they renegotiate ... the union-management contracts and come out of it a stronger, better, leaner, more competitive automotive industry," McCain said on "Fox News Sunday."

McCain also said he is concerned that the Timothy Geithner-led automotive panel has a "dearth" of people with industry experience.