Volt jolt?

The end of the road may be near:

GM Bankruptcy `Not Impossible,' Merrill Analyst Says

The General may need that federal money real fast. More from The Economist:

America’s carmakers

That shrinking feeling

Mark C.

Damian adds: it's looking even worse for Chrysler:

Faced with soaring gas prices, a sputtering economy and a rapid US market shift away from trucks, the US auto industry's weakest player, Chrysler, may have to file for bankruptcy or sell its storied Jeep and Dodge Ram brands as early as next year, JPMorgan said Thursday.

But rivals GM and Ford are likely to get through the rough patch and turn a profit in 2010.

Posted by markc at July 3, 2008 09:36 PM