Meltdown in Motown

[TechHead87]

This is a large article, written by what seems to be some Australian article writer.

It details how the Big 3 got to where they are, but with a different perspective. It even goes into how GMAC is making GM's pain & suffering worse (hint: they participated in a certain Russian Roulette-styled mortgage scheme)

http://www.wheelsmag.com.au/Fe...Wheels&fullarticle=yes

EDIT
fixed link

 

[Ronstang]

You managed to screw up the link.

 

[TechHead87]

Fixed the link

 

[sjwaste]

That's why I bought 900 shares of Ford last week. The American auto industry isn't going completely belly-up (bet #1) and Ford is the best positioned of the Big 3 to survive and grow (bet #2).

Ford has some cars people want to buy coming out. GM has... a lot more SUV's. Plus, the F150 will still win the truck market.