There is a crisis in autos industry in the United States. The three leading companies have reported loss and shut down their operation to cut losses. Ford Motor company has reported a loss of nearly $5.9bn dollars but has said that it would not seek help from government in order to continue. The bail-out package for auto industry was rejected by the Senate.
Lets wait for the economic turnaround, but I think this situation is not going to improve in the near future.
There is a crisis in autos industry in the United States. The three leading companies have reported loss and shut down their operation to cut losses. Ford Motor company has reported a loss of nearly $5.9bn dollars but has said that it would not seek help from government in order to continue. The bail-out package for auto industry was rejected by the Senate.
Lets wait for the economic turnaround, but I think this situation is not going to improve in the near future.