Can the US auto industry survive and thrive?

    On Monday, Ford Motor Company announced that it had reduced its overall debt by 28% – without taking any bailout funds from the U.S. Government. Now the pressure is on Chrysler and GM to do the same. Can the U.S. auto industry not only survive but thrive? We talk with economist SUSAN HELPER and Time Magazine writer BILL SAPORITO about what it will take to “retool” the U.S. auto industry. Listen to the mp3

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