GM’s consolidated debt as of March 31 was $291.8 billion, while Ford’s outstanding consolidated debt totaled $161.3 billion.
GM said it had $19.8 billion in cash at the end of the first quarter, and GMAC had $18.5 billion in cash and securities.
S&P said the outlook was negative for both of the automakers.
re-gis-tra-tion re-qui-red
US industry should just catch on fire.