The Big Three's Cost Saving Plans

Just a quick update on the Senate Banking Committee's Hearing for the Big 3 Auto Makers:

General Motor's cost saving plan is as follows:

1) Sell Saab & Saturn Brands

2) Close Plants & Dealerships around the country

3) Cut Executive Pay

Chrysler's cost saving plan is as follows:

1) Seek partners to share business costs

2) Cut Executive Pay

3) Accelerate Alternative Vehicles

Ford's cost saving plan is as follows:

1) Sell the Volvo brand 

2) Close Dealerships Around the Country

3) Close 6 Plants by 2011

4) Produce More Hybrids

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