Auto Industry Woes Reverberate in San Diego
The U.S. auto industry is in big trouble. It's being hammered by costly pensions and health care for retired employees but mostly by a terrible economy, which has resulted in (even more) abysmal sale
Lee Hamilton (guest host): The CEOs of the Big 3 automakers appeared before a hostile Congress yesterday. Chrysler, GMC, and Ford are hemorrhaging money, about to run out of money and are having problems selling their product. Is it the recession, lack of credit or is it what comes off the production line?
- Dean Calbreath , business editor of the San Diego Union-Tribune.
New Car Dealers Association of San Diego