Shares of General Motors Corp. (NYSE: GM) climbed 39 cents to $4.05 and Ford Motor Co. (NYSE: F) added 4 cents to $2.88 even as a number of factories began shutting down in order to cut expenses and reduce inventory. The federal government announced a $17.4 billion bailout of the auto industry.
Auto Bailout Lifts GM And Ford
December 19, 2008 at 13:08 PM EST