The World

Auto industry downturn creates ripple effect

We’re taking a look at how grim news from the auto industry is rippling through the larger economy. The Takeaway talks to Kirk Lewis, President of the Bing Group in Detroit, which manufactures auto parts for GM and Ford.

When Big Three automakers went to Capitol Hill to plead for a bailout they used two words that are bound to inspire fear: Ripple Effect. We’re taking a look at how grim news from the auto industry is rippling through the larger economy. The Takeaway talks to Kirk Lewis, President of the Bing Group in Detroit, which manufactures auto parts for GM and Ford.