The big three automakers continue to cut prices, and yet they're selling fewer cars. As the folks at DaimlerChrysler have discovered, that's a moneylosing proposition. Its Chrysler unit announced recently that it expects a second-quarter loss of $1.2 billion. Where does it end? Detroit automakers are optimistic that a bevy of new products, along with an economic rebound, will boost demand and let them trim the rebates and cheap financing that have gored profits.
展开▼
