How much longer can these headlines continue?
GM and Chrysler need another $21.6 billion
GM and Chrysler need another $21.6 billion
General Motors and Chrysler LLC presented their updated turnaround plans to the federal government Tuesday and said they could need an additional $21.6 billion in federal loans between them because of worsening demands for their cars and trucks. The two firms also detailed plans to cut 50,000 jobs by [...]
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