Why aren't there electric street cars in the U.S. anymore?
By toms65
@toms65 (84)
United States
August 25, 2010 6:22am CST
Because in the 1930's, GM, along with Standard Oil, Firestone Tires and several other corporations formed a company to buy municipal; streetcars systems, dismantle them, and replace them with buses. In April 1949, a Chicago federal jury convicted GM, Standard Oil, and Firestone of criminally conspiring to replace electric transportation with buses and monopolizing the sale of buses.
They were fined $5,000.00.
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