Plaudits and potholes
2006 was a year of surprises in the auto industry - most of them bad.
By Alex Taylor III, Fortune senior editor
Sour Grapes Award: Runner-up.
Former Volkswagen Chairman Bernd Pischetsrieder
Sour Grapes Award: Runner-up
After failing to purge his one-time protégé Bernd Pischetsrieder from the chairmanship of Volkswagen last year, former Chairman Ferdinand Piech tries again this year and succeeds. Piech nearly drove VW into a ditch when he ran the company by overspending on grandiose projects. Now he gets a second chance to screw up the company by short-circuiting the mostly-successful turnaround program that Pischetsrieder put in place.
The world according to Ghosn After the collapse of alliance talks with GM, the globetrotting CEO is going it alone - at least for now. (more)
Too soon for a GM victory lap Kerkorian selling his stock removes a big psychological barrier. But beleaguered General Motors CEO Rick Wagoner still faces many hurdles ahead. (more)
Best resale value cars After five years, most cars are worth a fraction of their original cost. These models do the best, according to Kelley Blue Book. (more)

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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.