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It's certainly sad to see an American company failing that's been one of the top in the U.S. and whan an American buys an foreign car, that's one less sale for Ford and GM.
It's all about profit for ANY car producer to pay their bills with.
My kids have to have a job for forty years before they can hopefully retire.
I'd be dumb if i bought any foreign car and not think about my kids future.
There's over seven million foreign cars sold in the U.S. every year now.
I won't be here for them but i can try and help protect their future.
I've never bought a new foreign car and i never will.
I'm not that Dumb, jim

one of three ..NO .. i think TWO OF THREE :) OR THREE OF THREE :)

WHAT MAKES ME LAUGH IS THAT WALLSTREET BANKS ARE ON THE BRINK OF FAILURE AND ARE BROKER THAN ANY AUTO COMPANIES AND NO ONE IS TALKING ABOUT THAT! lol lol

hi melly, just wanted to add that the urban decay you saw and the ruins I document in my flickr stream are not necessarily the product of any decline in the auto industry, but the city's unique history of racism and segregation that destroyed the city of Detroit while the suburbs and exurbs thrived. The city of Detroit cannot be viewed in a vacuum as a victim of the auto industry---not when three million people live and all types of business and industry thrive outside of the city limits. there is a great deal of money here, it's just not in the city. the fortunes of the auto industry will affect the suburban workers still employed in the industry, though.

LOL WITH CITI LOSING 8 BILLION THIS QTR LOL LOL THE ANALYST LOL ARE TALKING ABOUT ??? STILL THE "DOMESTIC AUTO COMPANIES"LOL LOL I THINK THE SO CALLED ANALYST BETTER THINK ABOUT BROKE WALLSTREET BANKS !! OH AND CITI IS GOING TO LAYOFF 18,000 WOW WAY MORE THAN WHEN CHRYSLER SAID IT WAS CLOSING ST.LOUIS MINIVAN PLT . AND KILL ONE SHIFT AT THE TRK PLT.. ABOUT 2100 THERE.. HALF TO 3/4ths WILL RETIRE ! SO MUCH FOR THE NON UNION FINANICAL WORKERS OF AMERICA !!

It is tragic how far down General Motors and Ford have dropped. The root of the problem has been their lack of consolidation in the marketplace, which should have happened years ago. GM and Ford will both be in bankruptcy before long and some idiot politician will want to bail out the companies with taxpayer's money. It is all about competition and quality. I tend to favor Dodge, but with Nardelli running Chrysler now, I won't be purchasing any of their products now. I may go foreign on my next car or van.

Buy a Japanese car. They are better and probably as "American" as GM or the others. Better be careful where all your other brands are coming from with everything you use in your life and stop shopping at WalMart while you are at it. Grow up! It is a competetive global economy.
If you ever worked at GM you would know why they are failing.

G M cars are just as good as the foreign cars and if G M goes bankrupt the country will also follow who's going to pay for hospitalization only govt jobs with no tax money comming in

With the US Governments failure to regulate industries and allow the free market to set trends, such as with the cost of oil, The Big Three, like most industries, must change there policies like most of us change our socks and underwear. Capitalism is something that most of us should have learned to accept years ago. It is possible that The Big Three will file for bankruptcy and then restructure, while the American Public whines about there taxes being to high.

I'd hate to be a member of Congress right now. We are experiencing the Congressional Oil Embargo. It started about 25 years ago with all of the nonsense about "not drilling or refining in the US." It always takes a while for the chickens to come home to roost, but they come home, eventually.

I'm a "drill here, drill now" guy and let's make sure that our oil is used by the citizens for the good old US of A, not sold to all of the other nations that want to see us have a hard time. It's our oil, let's get it and use it now.

If Congress keeps triping over them selves the way they have been they may be very surprised in November. Where's Gringrich when we need him?

I'm really getting fed up with these idiots. Whose side are they on anyway? We should investigate whose paying them - they certainly don't think much of the American taxpayer trying to get to work - most of us can't use anything other than our cars because there are no alternatives for us.

I drive a big Mercury that gets 20 MPG in the city and 25 MPG on the highway. Not bad when compared to the garden variety SUV or truck. It's safer, too.

There is no global economy.

Not as long as some players don't play the way the rest do.

Let's face it, Japan has devalued currency for a long time. GM is just another that is paying for it along with the entire population of the United States. There is no reason for Japan to continue with a prime rate of a half percent while holding better than a half trillion of US debt and low unemployment. Yet they do. And sadly that is a rate they recently increased from a tenth of a percent. The textbooks don't tell you what the effect is but it's obvious. They lend us their devalued currency while holding our massive debt and we pay both ends of the deal. It stinks to high heaven. Yet the soothsayers can't grasp it.

In a few years when the best a college grad can do is leave the the US it will sink in. We've been snookered and the smugness of those driving a Camry did it to us.

People are demanding better gas mileage in all auto's. If Ford, GM, or Chrysler lets the Big Oil Companies run them... then this is what they get!!! Let the company run the company...not the UNION!

i am one of those people who also worry about the future for our grandkids and generations after them. we have elected politicians who only worry about
themselves and have made the tax policies that encourage american corporations to ship millions of jobs out of this country.i cannot understand these people who buy everything foreign and then wonder where the jobs are. i always try to buy american made when possible
and would not consider a foreign made auto.i have always owned ford or gm products and have gotten good service from both.