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As General Motors Corp. stock tanks, can the company survive this economy?

By John Hockenberry, Adaora Udoji

Friday, October 10 2008

The stock price of General Motors Corp. stock took a nosedive Thursday as the company faced the threat of a credit rating downgrade and forecasts for abysmal sales. With credit locked down and consumers likely to avoid major purchases for some time to come, it’s not clear how GM and other automakers will hang on.

Guest: Bill Vlasic, Detroit Bureau Chief, New York Times
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