I read a few interesting things today about the state of the automotive industry.  First, some analysts said that the international market might completely fall apart in 2009.  Second, GM’s market cap just sunk to the price of 1950!  A 58 year low, and a market cap of $2.7B.  That’s just remarkable.  Finally, with oil declining (possibly only temporarily, but maybe longer if demand stays low if we’re in for a long recession) the U.S. car companies can’t figure out if they should start rushing to sell profitable trucks and vans again, or if they should double-down on their bets to make efficient cars.  Of course, I’m biased to the second, but I can imagine the tough decisions they face to even stay alive right now.  What challenging times.  I believe there will be many unintended consequences of the housing market decisions we have made, and they just might end up re-shaping the U.S., and possibly the world auto industry.