Sinking in Detroit

Industry underwater. Harpy/Planet Money Flickr pool hide caption

itoggle caption Harpy/Planet Money Flickr pool

Several of you have called our Apology Line (202.371.1775.) to confess responsibility for helping drag down Detroit. The messages reflect a collective guilt of sorts for dwindling sales of U.S. cars and trucks from the Big Three. But the latest slew of news may not help assuage that guilt.

Just a week after Chrysler was ushered into bankruptcy, GM seems poised for another round of deep job cuts to avert a trip to bankruptcy court of its own.

And that comes as the Bureau of Labor and Statistics reports 29,100 automotive production-related jobs vanished in April, bringing the total number lost in the past year to 221,400.



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