Auto Industry Running Out of Gas: ; Gm and Ford Announce Massive 3rd-Quarter Losses
Charleston Gazette › November 10, 2008
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Summary
DETROIT - The American auto industry is running on fumes.
General Motors, the nation's largest automaker, warned Friday that it might run out of money by the end of the year after piling up billions in third-quarter losses and burning through cash at an alarming rate. Ford sustained heavy losses, too.See the full content of this document
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Auto Industry Running Out of Gas: ; Gm and Ford Announce Massive 3rd-Quarter Losses
The situation is so severe that GM has suspended talks to acquire Chrysler and is appealing to the government f...
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