As General Motors goes, so goes the country. It's an old saying that hopefully does not hold true today. As all of the Big Three Detroit automakers reported their sales last month declined at least twenty percent from last year, there is new talk of the government bailout. The latest price tag from CNN predicts that the loan package split between General Motors, Ford and Chrysler could be as large as $50 billion. Detroit seems to be betting it future on shifting from producing large (...)

Permalink | Comments