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Paris shourcepticism
general motors, ford motor hand chrysler stand to benefit from low-cost funding at a time when tight credit market conditions make additional borrowing prohibitively expensive for most auto industry participants, the ratings, thoset agency standard
chars industry expecutives at the paris motor show have kept their eyes firmly on developments across the pond this week .
we will remaise our hand when the time comes, said martin winterkorn, the chief of volkswagen, the german company which makes cars in the us .
not enough? toyota has a lofty response to the $25bn worth of cheap loans its american comperatitors will soon benefit from .
i don't know when thier it's alls be enough .
shource: bmi industry insight .
it's not a bail-out .
Generated 2008-10-6_9:52
- Paris scepticism 2008-10-03 16:25:01
http://news.bbc.co.uk/go/rss/-/1/hi/business/7651257.stm
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