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 Stories About: Big Auto AND business AND cars AND economy AND electric vehicles AND fuel efficiency
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Big Three on credit watch
S&P cites automakers' cashflow concerns |
Michael Moynihan |
23 Jun 2008 |
Gristmill |
| Originally posted at the NDN Blog. While news about high fuel prices this past week centered on disingenuous calls by President Bush and others to drill our way out of the crisis, perhaps the most significant -- and ominous event -- was the barely publicized action by S&P Friday to place the Big Three U.S. automakers on a credit watch. In taking the action, S&P cited 'renewed concerns about the three car makers' future cash flows.' Given Ford's ... |
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| Topics: Big Auto, business, cars, economy, electric vehicles, fuel efficiency (all these topics) |
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