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Financial News

Monday December 22, 04:57 PM

 

 

The US auto sector is in crisis, with both Chrysler and General Motors facing collapse

By Robert Sullivan

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A Chrysler 300 in Miami, Florida. The global economic crisis could put an extra 25 million people out of work, the OECD warns, as Japan's iconic Toyota auto company forecasts its first ever operating loss and European stocks plunge on pre-Christmas gloom. A Chrysler 300 in Miami, Florida. The global economic crisis could put an extra 25 million people out of work, the OECD warns, as Japan's iconic Toyota auto company forecasts its first ever operating loss and European stocks plunge on pre-Christmas gloom.


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