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RD Today => All the News => Business News => Topic started by: chris on November 07, 2008, 07:59:40 PM

Title: Reuters: GM, Ford losses worse than expected, burning cash
Post by: chris on November 07, 2008, 07:59:40 PM
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 had accelerated, as an extended slump in car sales raised questions about the future of the U.S. auto industry.</p><div class="feedflare">
<img src="http://feedproxy.google.com/~f/reuters/businessNews?d=41" border="0"></img> (http://feeds.reuters.com/~f/reuters/businessNews?a=VUpUHdoJ) <img src="http://feedproxy.google.com/~f/reuters/businessNews?i=7MFaVMXL" border="0"></img> (http://feeds.reuters.com/~f/reuters/businessNews?a=7MFaVMXL) <img src="http://feedproxy.google.com/~f/reuters/businessNews?i=FmCrkU7c" border="0"></img> (http://feeds.reuters.com/~f/reuters/businessNews?a=FmCrkU7c)
</div><img src="http://feedproxy.google.com/~r/reuters/businessNews/~4/uCbrfmEoNgM" height="1" width="1"/>
      

http://feeds.reuters.com/~r/reuters/businessNews/~3/uCbrfmEoNgM/idUSTRE4A52V020081107