That's what the U.S. auto industry is today. GM wants to suck the cash out of Chrysler in a bid to delay its own demise or drastic downsizing.
And on the next page of the Wall Street Journal we learn that Toyota has $19 billion in cash as of September 30 and is planning to offer no-interest loans to most customers. What is GM's counter? Have GMAC finance only those with high credit scores.
How can Wagoner hang on?
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