Big Three need to make radical changes in their business models and cost structures or suffer a long, slow death.

Big Three Lumbering Toward Failure
Steven Pearlstein, Washington Post Original Article

Six years ago it was Chrysler. Then four years ago, Ford was on the ropes. Now General Motors, facing a $2 billion loss this year from its carmaking operations, has been forced to lay off a quarter of its white-collar workers and plead with union workers to begin contributing to their health insurance.