The Auto Industry Tanks

It seems they can't even give 'em away these days.

GM Sales Drop 41 Percent As US Auto Industry Sinks

Chrysler says its November U.S. sales plunged 47 percent, blaming a slumping industrywide demand and a [...]

On the upside, the Dow Industrials gained almost 300 points.  Go figure.

Not Out Of The Woods

Just in case you got all caught up in revelry over Wall Street's good week, the economy is still in trouble. I know,  I look for every little bright spot I can find, too.  But, let's look at the auto industry for a moment.

Local Pillars, Auto Dealerships Teeter Amid a Big 3 Decline

Car dealers have been struggling for years but what remains of their sales is evaporating along with consumer confidence and[...]