Detroit Is Tanking, But Toyota's in Trouble, Too | Autopia from Wired.com: "Toyota's stock nosedived 17 percent last week -- its greatest decline in 18 years -- after the company announced it will see an operating profit of just $6.9 billion, a 73.6 percent decline over last year. That's far worse than expected, and it underscores not only the dismal state of the domestic auto market but some strategic mistakes Toyota made on its way to becoming the biggest automaker in the world."
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What the heck. Let's bail them out too. The article says auto sales dropped 32% in October. Not their fault. Shovel the money at them.
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