Sky Falls, Takes Auto Stocks With It

Automaker stock values plummeted along with the Dow yesterday, with most closing down at least seven percent, reports Automotive News » 9/30/08 9:30am 9/30/08 9:30am. General Motors dropped $1.25 to $8.51, while Ford dropped 64 cents to close at $4.17. Suppliers were hit equally hard, while dealership groups like AutoNation and Penske saw declines…