Saturday, November 22, 2008 0:54

Automakers Race Time as Their Cash Runs Low

Posted by Piseth on Saturday, August 2, 2008, 14:14 with 23 views
This news item was posted in Business, News category and has 0 Comments so far.

The recent downturn of America auto industry is facing the limit of resources since the price of the gasoline is higher up every day. In the recent years it continue to post a huge looses.

With the combination of high gas prices and a weak economy crippling vehicle sales, the resources of General Motors and the Ford Motor Company are being stretched to the limit.

Workers and other resources were also facing the cutting down to reduce the cost. Read the full text from automakers race time as their cash runs low here.


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