CBS on Auto Industry Woes
The Columbia Broadcasting System tackled the tough state of the automotive industry on yesterday’€™s nightly news. They went straight to the source to sum up why things are so dire for the Big Three: Cars.com senior editor Joe Wiesenfelder. “If fuel prices weren’t high and the economy got soft, they might be OK. If fuel prices went high but the economy was still pretty strong, they might be OK. But all these different factors together really leaves them with losses at every turn.”
You can check out the full report in the online story below.
Small Sales + Small Cars = Dealer Pain (CBSNews.com)
