To the Point
Big Three Automakers Tottering
The Ford Motor Company, trying to avoid a federal bailout, announced losses of $1.8 billion today. GM is going to get more federal loans. Meantime, the Treasury Department set a deadline of next Thursday for Chrysler to file Chapter 11 bankruptcy. Daniel Howes is a business columnist with the Detroit News .
The Ford Motor Company, trying to avoid a federal bailout, announced losses of $1.8 billion today. GM is going to get more federal loans. Meantime, the Treasury Department set a deadline of next Thursday for Chrysler to file Chapter 11 bankruptcy. Daniel Howes is a business columnist with the Detroit News.
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