There may be a tiny pin-hole of light at the end of the auto sales depression tunnel. VW said its global shipments rose 1.5% last month. It is not much, but given the relentless drop-offs in car unit sales in most parts of the world over the last two years, it is a welcome break.... This is ... ... Read more

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

From the WSJ: Treasury Still Studying Auto Rescue The U.S. Treasury Department said Monday it has made no decisions on how to engineer a rescue effort for U.S. auto makers, ... "We continue to assess and review the information we have received from the auto makers, and we are providing regular ... Read more

Detroit is in real trouble. There has been some hope that the really healthy Japanese and European car companies could hold on to their credit ratings. Toyota (TM) has a bullet proof balance sheet compared to almost any other company in the world, leaving the firms in its own industry aside. ... Read more

This is a second push to prevent Congress from throwing more money down a bottomless hole. In case you missed the first push, please read Stop The Auto Bailout Campaign . Please call and fax now. A vote may be coming up soon! We are reacting to the Auto Makers begging Congress for a bailout on ... Read more

Yahoo video of Nissan Taleb (Black Swan) Yahoo has a copy of the video from CNBC on Taleb's performance of late. It also has a discussion of his holdings and strategy. Short version: it is VERY good! Remember his Black Swan book is recommended reading for all my classes! (here are some o ... ... Read more