The Auto Bailout Might Look Bad, but the Big 3 Look Even Worse

There's no debating that U.S. automakers are in desperate shape.

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  • 1.8 million: number of cars purchased from domestic automakers in July 2005
  • 800,000: number of cars purchased from domestic automakers in October 2008
  • $169 billion: General Motors' total reported liabilities
  • $110 billion: GM's total assets
  • $205 billion: Toyota Motor Corp.'s total reported liabilities
  • $324 billion: Toyota's total assets
  • 730,000: number of people employed by the Big Three automakers

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Sources: GAO, Yahoo Finance