speaking as a technician for a midwestern chain of diesel truck shops, nooooo they do not. >Most carmakers were fitter going into this crisis than the last rec

speaking as a technician for a midwestern chain of diesel truck shops, nooooo they do not. >Most carmakers were fitter going into this crisis than the last recession a decade ago. The article fails to mention that as a term for accepting loans during the last "once in a lifetime" financial crisis, automakers were held by the scruff of their neck and forced to eat their spinach. Pontiac was shuttered because politicians fondly remembered Buick and the Aztek was a design that pissed off basically anyone over 30. Fiat bought Chrysler, and the same mid level managers who were chortling over the theft of the E-Class design during the ripoff partnership with Mercedes were now finishing cafeteria crow pie and packing their desks. >Credit Suisse, a bank, expects GM and Ford to burn through $10bn and $14bn of cash Someone needs to check the ford offices for a gas leak, because they brought this entirely on themselves by wiping out automobiles in favour of SUV's and muscle cars. They turned the 'Stang into an electric crossover and got rid of the focus ST to be replaced with the ecosport, the most sterile compromise since Obamacare. Meanwhile GM is stuck trying to figure out what to do with Buick, a car thats remained the automotive equivalent of a knock-off rolex for over forty years. by comparison, Ford dropped their mercury brand in 2011 and so are spared the absolute nightmare of marketing this car without a buyer. Americans --the majority of them-- want cheap cars that are inexpensive to maintain and reliable to own. full stop. Capitalism says otherwise and auto loans are a 1.1 trillion dollar bubble, with an average lending period of six years. Im frankly shocked no one is talking about an impending collapse of auto lending.