More doomsday news from GM and Ford...
Love this paragraph in the article..."immediate problems are not of its own making"...I'm sure the credit crunch isn't helping things at GM and Ford but it didn't start the problem either!
"In coming weeks, companies and their lobbyists plan to "dial up" their urgency. Industry plans to underscore its belief that its immediate problems are not of its own making -- that the dire predicament is closely linked to the global credit crunch and survival depends on federal intervention."
http://www.reuters.com/article/rbssC...35669920081105