To the Point
Can America's Big Three Automakers Survive?
Auto sales in the US dropped to a ten-year low last month, and America's Big Three are in trouble. GM, Chrysler and Ford make big profits on big vehicles with big engines, but customers are thinking small, and $4 a gallon gasoline may signal the end of an era. Also, President Bush challenges G-8 leaders to make good on the promise to developing nations, and Barack Obama's version of a faith-based initiative.
By Warren Olney • • 1h 0m ListenAuto sales in the US dropped to a ten-year low last month, and America's Big Three are in trouble. GM, Chrysler and Ford make big profits on big vehicles with big engines, but more and more customers are thinking small, and $4 a gallon gasoline may signal the end of an era. Is there a Kia in your future? Also, President Bush challenges G-8 leaders to make good on the promise to developing nations, and Barack Obama and faith in the public square.
