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Ford and GM financial arms may incur writedowns: Lehman (Reuters)

Started by riky, June 20, 2008, 01:42:12 PM

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riky

Ford and GM financial arms may incur writedowns: Lehman
    (Reuters)

 


<p>You are not allowed to view links. Register or LoginReuters - Ford Motor Co's  and General Motors Corp's
 financial arms may need to write down $1.1 billion and
$1.5 billion, respectively, said a Lehman Brothers analyst, who
expects U.S. auto credit to be pressured by a weakening
used-car market.</p><br clear="all"/>


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