Detroit Free Press used information from the Center for Research in Security Prices (University of Chicago) to calculate the losses. The auto industry has been ravaged by recent economic troubles, with sales at their lowest point in 15 years.
In light of the spreading financial crisis and the $700 billion government
bailout rescue package for Wall Street, will the recent $25 billion low-interest loan for domestic automakers be enough? Maybe Jalopnik wasn't being so silly when it published its list of "Top Ten Vehicles for The Coming Financiapocalypse."--Colin Mathews