Cash for Clunkers is driving up sales. Ford (NYSE:F) proves it doesn’t need the government, but some free money is always nice. Who else is profiting from Washington’s handouts?

The fate of the ‘Big Three’ still hangs in the balance as the government ponders a bailout. Andrew Snyder says auto dealerships are also at the mercy of their Detroit suppliers. He says a lot of things have to go right for most dealers to survive this crisis. That’s why bottom-fishing investors should look for well-diversified retailers like Wal-Mart (NYSE:WMT).