In 2008 When The Us Automobile Industry Was Struggling

The automobile has long been a symbol of the American lifestyle representing mobility and prosperity and the health of the auto. In 2008 America's Big Three-GM Ford and Chrysler-hit rock bottom Factories shut down jobs vanished and the government. In 2025 the automotive industry and the car economy are facing significant challenges including regulations and pricing as well. In 2008 the American auto industry faced its darkest hour General Motors and Chrysler were on the brink of collapse Ford was.

The Bush administration is still debating how best to help the country's struggling car makers Sebastian Walker has more from the. Both Barack Obama and John McCain are trying to ensure the battered economy doesn't ruin their chances of reaching the White. The auto industry has been hit hard by the struggling economy but critics say the industry has been slow in adjusting to the. US car makers are shutting down factories in a bid to avert collapse but foreign firms operating in the southern US are managing.

Mitsubishi was once known as a powerhouse in the tuner car scene but now that only thing we know them for is scandals and. CNBC examines the high-stakes decisions transforming the U. S auto industry Cars once promised independence and.