reportonbusiness.com: Purchase this article

Posted AT 9:58 PM EST on 12/02/08

Hargrove 'fearful' for future of GM, Ford

OMAR EL AKKAD AND GREG KEENAN

Globe and Mail Update

The North American operations of Ford Motor Co. and General Motors Corp. could be forced into bankruptcy within a decade if Canada and the United States don't act to halt imports from South Korea and Japan, Canadian Auto Workers president Buzz Hargrove warned Tuesday. Losses in market share are causing the two largest U.S.

The full text of this article has 587 words.

To continue reading this article, you will need to purchase this article.

License this article

Already have a member account? Login now

Pay-Per-View Offers To read the complete article, select one of the following options

Purchasing from globeandmail.com is quick and secure.

TSX
DJIA
S&P
Nasdaq

Market	Change	Value
Data delayed 15 minutes
S&P/TSX	+28.24	11,099.44
DJIA	+170.19	9,972.33
S&P 500	+16.11	1,062.61
Nasdaq	+42.81	2,098.33

Stock Profile

U.S. stock futures head higher

Investors await key U.S. data on manufacturing and housing

Video: Japan takes it on the chin

Most Popular

Rank	Headline
1.	Canadian dollar on a roll 9:44 AM
2.	Magna poised to take wheel at Opel 1:38 PM
3.	Royal Bank loses $50-million 9:39 AM
4.	CanWest skips interest payment to conserve cash 1:43 PM
5.	U.S. economic slump eases 8:45 AM
6.	Gold jumps above $970/oz as dollar weakens 6:36 AM
7.	Macquarie snaps up Tristone for $130-million 28/05/09 6:36 PM
8.	Oil surges above $65 6:35 AM
9.	UK data signals worst of downturn may be over 6:41 AM
10.	Markets set to end May on a better note 10:16 AM