Friday, May 11, 2007

GM, Ford turnarounds hinge on economy: S&P

(Reuters) - The strength of the U.S. economy remains the key wildcard to the automakers' turnaround plans, S&P analysts Robert Schulz and Gregg Lemos Stein said in a presentation on Friday in London.

"Current liquidity at both GM and Ford are fairly strong and management are focused on restructuring," said Schulz.


Read more at Reuters.com Bonds News

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