Profit

Big 3 faces flak over lavish spendings

PUBLISHED ON: November 24, 2008 | Duration: 1 min, 11 sec

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After being criticised for its CEO flying to Washington on a private jet to ask for Government aid, General Motors has announced that it will stop leasing two of its five company planes. The Big 3 auto makers - GM, Ford and Chrysler have time till December 2 to convince Congress that they will improve productivity if given a bailout, but most Americans don't think they deserve it.
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