Saturday, February 03, 2007

You Know Things Are Rough When...

Michigan's economy has been in the dumper for a few years.

Then, last week, Ford announced a $12 billion loss for 2006. Dang.

Now, this:
General Motors Corp., Ford Motor Co. and the Chrysler Group need to reduce the number of dealerships nationwide by 60% to 70%, a veteran financial analyst said today.

When will it all end?