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The Auto Industry: 1 Year after the Bailout

Bruce Nunnally

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The auto industry, one year after transformation

It has been a year since the transformation of the U.S. auto industry began in earnest. From the grilling of auto executives on Capitol Hill to the government-mandated ouster of General Motors' leader to Chrysler and GM's plunge into bankrupcy, the domestic automakers were downsized and reshaped.

A closer look inside the historic bailout reveals a much greater government role than has been disclosed previously. This section examines what happened and looks at how Detroit's automakers and others are planning for their future.


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