Deepening gloom at General Motors
As the auto giant grows sicker, its chances for a full recovery get dimmer.
By Alex Taylor III, senior editor
Last Updated: June 19, 2008: 10:05 AM EDT
NEW YORK (Fortune) -- The news coming out of Detroit is getting worse, and unlike in past years, there will be no full recovery. Analysts are betting that General Motors will be forced to take emergency financial measures this year that could hamper its competitiveness for a long time to come.
Full Article:
http://money.cnn.com/2008/06/19/news...ion=2008061909