Summit Notebook

Exclusive outtakes from industry leaders

AUDIO – Commercial real estate: The auto industry’s next big (bad) thing

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The U.S. auto industry has had one heck of a year.Sales have fallen off, credit has been pretty much nonexistant and two of the major U.S. automakers were bankrupt. Other that all that, things were fine.But Bill Diehl, chief executive of advisory firm BBK, said at theĀ first day of this year’s Reuters Autos Summit, that one of the main concerns for 2010 (if it’s not THE main concern) is the industry’s overall exposure to commercial real estate.We have been hearing about the problems with commercial real estate in many other sectors of the U.S. economy and Diehl gave the strongest statement so far about the auto side.(To hear Diehl\’s comments, please click here)The Reuters Autos Summit continues through Thursday in Detroit and Paris.

AUDIO – Pulte Homes and the Cycle

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It’s not a motorcycle or a unicycle – we’re talking the overall real estate business cycle.

While the bulk of the focus at this year’s Reuters Real Estate Summit is on the commercial real estate side of the business, Richard Dugas, chief executive of Pulte Homes, spoke to us about how things look on the residential side of the aisle.

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