Financial Times FT.com

Last exit for Detroit

Published: November 16 2008 17:51 | Last updated: November 17 2008 09:27

In just 64 days, the US president-elect will be whisked to his inauguration on Capitol Hill in a new, bulletproof limousine. The company building it, General Motors, looks anything but bulletproof. In fact, it has said it might not be able to stay in business if it does not receive a government lifeline before the sympathetic Barack Obama takes office on January 20.

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