Plummeting truck sales may bankrupt Detroit Three

08/7/2008 | CNN

Some experts fear that General Motors, Ford Motor and Chrysler could head toward bankruptcy as sales of pickups and SUVs drop dramatically. Recently, Ford reported a $8.7 billion loss and GM a $15.5 billion net loss in the second quarter. Chrysler does not report financial results but relies more than the other two on light trucks.

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