SOURCE: Industrial Info Resources

January 30, 2008 07:26 ET

Buyouts Continue to Plague U.S. Automotive Industry, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - January 30, 2008) - Researched by Industrial Info Resources (Sugar Land, Texas) -- The last few years have not been kind to American automakers. Ford Company (NYSE:F), General Motors Corporation (NYSE:GM) and Chrysler LLC, also known as the Big Three, have been going through a rough transitional period as they attempt to reinvent themselves as profitable entities. A pattern of plant closures, blackouts, layoffs and buyouts have been the theme over the last few years as the companies work through various reorganization strategies.

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