ONE TRILLION equals a full kilometer (.06 of a mile) of a sandy beach 4″ thick… GRAINS OF SAND! 1-POLAND-Officials in Poland also are bracing for huge job losses, maybe as many as 10,000 in their auto sector. 2-BELGIUM-GM is also having informal discussions with the Belgian government in Brussels about receiving financial assistance for [...]

General Motors saw a sharp drop in sales in EuropeNew car sales in Europe fell by 14.5% in October, the sixth monthly fall in a row, said the European carmakers’ association, the Acea.Car sales in Ireland and Spain were the worst-affected, plummeting 54.6% and 40% respectively, in October.Even in the new EU member states, once [...]

University Dodge in Miami (888) 746-2445. ( Someone call to see if this is true) has taken a page out of the Payless Shoes playbook and is offering Buy One Get One on all new Dodge Rams in stock. The dealership in Miami is offering the major incentive in an effort to clear out the [...]

WASHINGTON (AP) – Democratic leaders in Congress decided Thursday to delay a vote to bail out automakers until December, according to officials, and will first demand the Big 3 companies show how the funds would transform their beleaguered industry. An announcement was expected later in the day, these officials said. They spoke on condition of [...]

WASHINGTON (AP) – Prospects dimmed Monday for enactment of a $25 billion bailout for the faltering auto industry before year’s end, as congressional Democrats and the Bush administration seemed headed for a stalemate. Help for Detroit’s Big Three, which have been battered by the economic meltdown that has choked their sales and frozen their credit, [...]

Well according to Garth Turner the former minister of finance, it does NOT look well.He claims there will be massive fallout both in the auto industry and housing industry. You basically will not be able to sell your house! CASH WILL BE KING! Read the forcast here: Garth Turners COMMENTS