Tenneco loses $298M; Kettering plant still spared- Current Event

I read Tenneco loses $298M; Kettering plant still spared by Thomas Gnau. Tenneco Inc. reported a net loss of $298 million, and Tenneco also announced that they intend to close three manufacturing plants. However, the Woodman Drive plant in Kettering is not being considered for closure. Tenneco lost $415 million in 2008 alone. By the year 2009 Tenneco Inc. expects to make $58 million. Tenneco bought auto parts from bankrupt Delphi close to the Kettering Plant. The auto parts are used fo r General Motors Corp. passenger cars.

I think one of the reasons that Tenneco has lost so much money, is because they leased land from the bankrupt company Delphi. It is sad that so many car manufacturing companies are going out of buisness. The only real solution is alternative fuel, this would create many new jobs and revenue for the auto industry.