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GM, Chrysler may need more govt loans

China Daily | Updated: 2009-02-25 08:11

GM, Chrysler may need more govt loans

General Motors Cadillac vehicles at a storage lot in Newark. Bloomberg News

General Motors Corp and Chrysler LLC may need additional US loans if they adopt terms similar to a proposed United Auto Workers agreement with Ford Motor Co that cuts cash payments into a retiree health-care fund.

GM, Chrysler may need more govt loans

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