A price war is breaking out in the U.S. auto industry.

Her 11-year old son came home from school first and found her. He called 911.

Plant closings [and increased] labor productivity won't address the root cause of profitless prosperity. The root cause is increasing excess supply, which is causing price deflation.

We believe a contract with steep labor concessions is the sign of a troubled core industry, not 'good news' for investors.

Frankly, it looks like financial services earnings would have to be negative unless losses in the automobile business are just staggering.

We've got to expect a war. Everybody's overlooking this team, but this is a very good team.