Detroit's Big Three In Big Trouble

GM may not make it to 101 years old (single and/or alone). Chrysler is also talking with Nissan about merger. Ford, who/which is older than GM (and I though GM was the oldest motor company), celebrated the 100th anniversary of the Model T, but that was the only thing they had to be excited about. The big three are suffering big time as sales are braking quickly. This month is expected to be a historical one since sales are (almost) at their lowest level in 25 years. That's a descent of more than 15% from last year and if they can't pull through this current period, things are sure to get worse for a long, long time.