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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
Audio For October 10, 2008
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The show is a co-production of WNYC Radio and Public Radio International,
in collaboration with The BBC World Service, New York Times Radio and WGBH Boston.
