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US car giants see shares rise

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Published Date: 21 November 2008
SHARES in General Motors and Ford soared last night on hopes that a deal was close to being agreed that would bail out the struggling US car industry.
A group of US senators said they had reached a bipartisan agreement on a bill, providing a glimmer of hope to a deal that looked dead just hours earlier.

But Democratic Congressional leaders may not go along with the terms and Congress may have to debate the details.







The full article contains 82 words and appears in The Scotsman newspaper.
Page 1 of 1

  • Last Updated: 20 November 2008 9:25 PM
  • Source: The Scotsman
  • Location: Edinburgh
 
 

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