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The Money Blogs is the source for Blogs about the latest financial and stock market news with rss feeds

By Matthew DeBord from The Big Money The auto industry generates nothing these days that even remotely resembles good news. General Motors is teetering on the edge of official (as opposed to undeclared) bankruptcy. Chrysler is apparently being run by the Italians. The Detroit car business it ... Read more

Here is the GM Restructuring Plan . And the Chrysler Plan . The following chart shows the GM baseline U.S. auto sales forecast and a comparison with J.D. Power and Global Insight forecasts. Click on graph for larger image in new window. I believe this forecast is conservative. ... Read ... Read more