Wilbur L. Ross Jr., U.S. commerce secretary, speaks at the NanoBusiness Alliance Conference in New York. Ross, who has rescued numerous failed companies in the steel and other industries, said Monday, Feb. 16, 2009, that GM can’t be cost competitive with Japanese automakers with such a heavy debt burden.
Wilbur L. Ross Jr., U.S. commerce secretary, speaks at the NanoBusiness Alliance Conference in New York. Ross, who has rescued numerous failed companies in the steel and other industries, said Monday, Feb. 16, 2009, that GM can’t be cost competitive with Japanese automakers with such a heavy debt burden. Mark Lennihan ASSOCIATED PRESS
Wilbur L. Ross Jr., U.S. commerce secretary, speaks at the NanoBusiness Alliance Conference in New York. Ross, who has rescued numerous failed companies in the steel and other industries, said Monday, Feb. 16, 2009, that GM can’t be cost competitive with Japanese automakers with such a heavy debt burden. Mark Lennihan ASSOCIATED PRESS