While GM and Chrysler are no doubt pleased at the US Government’s approval of further short-term financial aid (think of it more as a stay-of-execution than anything else), Wall Street is reportedly hurting bigtime.

Concerns about the future of the US auto industry has driven share prices downward, with the Dow Jones Industrial Average dropping 199.92 [...]

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While GM and Chrysler are reportedly on the verge of tying the knot, the other member of the Detroit ‘Big Three’ is apparently considering going in the opposite direction.

Reports are circulating that Ford may soon sell off its controlling share in Mazda to boost its cash reserves and help insulate it from the economic [...]

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Worrying times friends. Got the butcher’s paper and the red markers out… bit of a high-level think-tank on the go here at TMR Central. Seems we’re all short a global rescue plan at the moment.

The Steanster - he was thinking of pulling a focus group together until someone slapped his face and told him to [...]

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