Estimated read time: 2-3 minutes
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Chrysler is shutting down all its plants for 30 days and Ford for two weeks. What does that tell us? ABC News Business Editor Dan Arnall commented that this is more posturing to pressure Washington to hurry up with the bailout money. Dan also commented on the price of oil staying so low even after OPEC cut production. And he talks about the government stepping in to keep credit card companies from jacking up your rates. Click here to hear more from Dan.
We hear every day how car sales and demand for many big ticket items are down. But what if you really need to buy a car right now? How do you get the biggest car bang for your buck? The lead automotive editor for US News told Utah's Morning News what the top selling large SUVs and mini vans are. She talked about where the deals are in new and used vehicles, and also whether car companies are still backing lease programs. If you need a car right now, click here to hear the interview.
Some film industry workers are begging actors not to authorize a strike. A dozen of those workers protested in the rain outside a town hall meeting of the Screen Actors Guild last night. They say a strike by actors would bring the entertainment business to a halt. The workers held up signs saying "Please No Strike Now -- The Crew." SAG is preparing to send out strike authorization ballots January 2nd. The protesters included location scouts, technicians and camera-equipment vendors. They say work already has dried up since the actors' contract expired in June because studios are holding off making new movies for fear of a walkout.
