LariAnn

Wall Street Breakfast: Must-Know News

"A day late and a dollar short . . ." R. I. P., auto companies!

Buy, Sell or Hold: GM's Too-Big-to-Fail Myth

If the big 3 fold, that won't mean an end to the auto industry in the U.S. Besides the fact that there are plenty of automobile factories in the U.S. that do not belong to the big 3, their fall will leave a big niche open. Small, lean and hungry upstart companies with far greater nimbleness and far less overhead will rush in with venture capitalists in tow and grow rapidly, making and selling the kinds of cars the U.S. auto buyer demands. It would not be a picnic, but it would be a revolution of sorts.