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Economy: Auto Industry / Bailout #924640

CBS Evening News for Tuesday, Nov 18, 2008
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(Studio: Katie Couric) Report introduced.

(Los Angeles: Anthony Mason) The plea to Congress from the auto industry for an economic bailout featured; scenes shown of a rally in Detroit; GM e-mail to customers quoted; details given of the view that the industry needs to restructure; statistics on GM and Toyota compared. [“Motor Trend” editor-in-chief Angus MacKENZIE†- comments on the absence of the CEOs from the Los Angeles auto show; outlines GM’s problems.] [Chrysler LLC chairman/CEO Robert NARDELLI†, GM CEO Rick WAGONER†- make their appeal.] [Senators Christopher DODD, Richard SHELBY†- express doubt about a bailout.] [Superior International Industries, Inc. CEO Steve BORICK†- comments on closing a wheel making plant.] President Bush’s opposition to the bailout noted. The difficulty for GM to streamline discussed.

Couric, Katie;
Mason, Anthony

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