Chrysler Cutting Jobs, GM Needs Cash, Ford on Lifesupport

Just let them fail.  Giving GM (GM), Fords (F) or Chrysler loan to retool is a waste of tax payer money.

Inside Business: Outlook For U.S. Car Market (part 2)

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A New auto Dealer Model Underway

Auto Industry

We are underway in a vicious shakeout. Who survives, will be far stronger in the end.

Kerkorian Sells 7.3 million shares of Ford

Just when it looked like things couldn't get any worse for Ford Motor (NYSE:F), yet another blow. Tracinda Corporation, Mr. Kerkorian’s investment company, said Tuesday that it sold 7.3 million shares of Ford yesterday at a huge loss and intended to further reduce its remaining 6.09% stake.

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