Reuters: GM, Ford losses worse than expected, burning cash

[chris]

GM, Ford losses worse than expected, burning cash
      

DETROIT (Reuters) - General Motors Corp and Ford Motor Co reported far deeper-than-expected quarterly losses on Friday, and said their rate of cash burn was accelerating, as an extended slump in car sales raised questions about the future of the U.S. auto industry.</p><div class="feedflare">
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