I sat down with Paul Taylor, Chief Economist, National Automobile Dealers Association (NADA) for a discussion on the state of the auto industry. This is the third part of a four-part discussion.

Are the Big 3 in a recession?

Toyota’s sales were down in January, while General Motor’s sales were up. Will Toyota start an incentive war and how will that play with the Big 3?

How is the auto loan/credit arm of the auto manufacturers doing?

Will zero percent financing come back?