What Happened To The American Automobile Industry In 2008

The automobile has long been a symbol of the American lifestyle representing mobility and prosperity and the health of the auto. In 2008 the American auto industry faced its darkest hour General Motors and Chrysler were on the brink of collapse Ford was.

A classic car connaisseur explains what caused the downfall of the American Auto Industry in the first half of the 70's better known. The Bush administration is still debating how best to help the country's struggling car makers Sebastian Walker has more from the.

Around the time Henry Ford was building his first car so was Ransom Olds father of the famous American Oldsmobile But it was. During the Great Recession that struck the world in the late 2000's one of the industries hit the hardest was America's automotive.