GM sales drop

The Detroit Giant is in trouble. GM sales fell 5% from last year. It was last year the GM lost 39 billion dollars, its biggest loss ever. Things are going from bad to worse. The automotive industry is bleeding red in as all the big three General Motors, Ford and Chrysler are losing market share to Japan and have trouble selling pickup trucks and SUVs.

The sales of small cars and hybrids have been brisk and Toyota says that Pruis will now be manufactured in the US using an idle truck plant.