Tonight we welcome the author of the book "Car Wreck," Mark Ragsdale, a former dealership owner and operator that says the U.S. auto industry took the American public for a ride. And, according to Ragsdale, you should never buy a new car again unless you can pay cash; he'll tell us why. And of course, we'll get into the news of the week. John McElroy's in studio with Peter De Lorenzo, the Autoextremist, and David Welch from Bloomberg BusinessWeek.
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