GM, Ford Death Watch

Fortune is reporting GM plunges 31% as outlook dims Investors cast a shocking vote of no confidence in the future of U.S. automakers Thursday ... % of sales volume came from people with bad credit scores," said Magliano. "Now the subprime buyer ... is coming back to haunt them. Lenders dramatically cut standards for credit worthiness at the beginning [more...]

Date: 2008-10-11 05:40:52

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