Saturday, November 08, 2008

GM seeking bail out? [AP]

By TOM KRISHER
AP Auto Writer

The American auto industry is running on fumes. General Motors, the nation's largest automaker, warned Friday that it may 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. The... click here to read the rest of the article.

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