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Lawrence Journal World in Lawrence, Kansas

07 Nov 2008

Page 4

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Newspaper

Lawrence Journal World

Location

Lawrence, Kansas, United States of America

Date

Nov 07, 2008

Page

4

Auto workers fear more layoffs at GM and Ford

Associated Press reports GM and Ford face billions in losses and planned production cuts as sales slump. No plant closures expected, but shifts may be cut and overtime banned. Analysts warn of cash strain without government aid amid a deep economic crisis.

MENTIONED IN THIS ARTICLE

Detroit General Motors Corp Ford Motor Co North America Ford Washington James Kendall UAW Indianapolis Kendall Barclays Capital Brian Johnson Johnson
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Detroit seeks more loans to save auto industry

Detroit lawmakers press Congress for 25 billion in new federal loans and low interest emergency borrowing plus a stake in a Wall Street bailout to rescue General Motors Ford and Chrysler as losses mount and job cuts loom. Pelosi and Reid weigh tax credits extra financing while vowing to protect workers pensions and taxpayers.

MENTIONED IN THIS ARTICLE

Washington Detroit Wall Street House Nancy Pelosi Dcalif Senate Harry Reid D-Nev General Motors Corp Ford Motor Co Ford and Chrysler LLC Wall Street Journal Pelosi Ratic Congress
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Tom Krisher James Prichard Associated Press Good Morning America Scau Neel Massachusetts CRUE MY ReNare Mise Jayni Jayni Carey Jayni’s Ljworldstore Lawrence Journal-World Sunflower Broadband Bayleaf the Mercy Kansas Union Sunfte Verizon Wireless MOTO America WZW Click Verizonwireless.com COMI Lawrence Towa Alcatel-Lucent Ations Stores Topeka W. Wannamaker Fed. Univ. Soc
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