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Wednesday, November 26, 2008

US Car Maker Companies are in Crisis

November 25, 2008 -- Updated 1448 GMT (2248 HKT)
Car Industry in Crisis
Stakes high as carmakers fight for survival

Stakes high as carmakers fight for survival

U.S. car makers are battling to stay in business amid plummeting sales and huge financial challenges. The Big Three of Detroit -- General Motors, Ford and Chrysler -- say they are running out of cash and may not survive beyond 2009 unless they receive a bailout of $25 billion. Share/Save/Bookmark

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