Let’s face it…times are really tough. The country (and the world) is in a deep recession. The US auto industry is falling apart. Billions of dollars have been thrown at them in order to keep them solvent…but it hasn’t worked. Obama has taken control of GM and Chrysler. Well, maybe not real control, but the scuttlebutt is that he is trying to forcing GM into Bankruptcy, and Chrysler (already in bankruptcy) may be forced to sell itself to a foreign auto conglomerate headed by Italy’s Fiat. These are amazing times aren’t they?

GM has just turned 101 years old…the oldest auto manufacturer in the states, and now they are being forced into receivership. They’ve already given notice to some 1500 stores that will be losing their franchise. And the old saying “As General Motors goes, so does the country” couldn’t be more true.

On the positive side, atleast for consumers, is that this is the best time in history to buy a Chrysler (and other makes for that matter). Most Chrysler dealers are having a real ‘fire’ sale and some are  going to be selling new cars way below  cost just to move the inventory. And for those dealers, ’selling below cost’ is the real deal this time, not just an advertising ploy. As part of its bankruptcy proceedings, Chrysler will close 789 stores across the country, nearly 25% of its 3200 dealerships.

And that, my friends, is fucking amazing!

Walter P. Chrysler and a Chrysler Six circa 1924