Autos closer to life support

[Joelle]

Autos closer to life support
      

The lame duck may have some quack in it yet.

When President Bush said on Thursday that his administration would not allow a "disorderly" bankruptcy or collapse of the U.S. automakers -- leaving "orderly" bankruptcy on the table -- it seems to have spurred on the negotiations between Detroit and the White House. General Motors and Chrysler are now close to securing emergency loans as part of a U.S. government aid package, according to sources familiar with the talks.
         

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