INSTANT VIEW-U.S. rejects automaker restructuring plans

Newswire

March 30 (Reuters) - The U.S. taskforce overseeing the restructuring of the auto industry on Monday said the plans submitted by General Motors Corp and Chrysler failed to show how they could be viable, a stunning reversal for management at both automakers and for GM investors and creditors who had bet on a softer line. For more stories, click [nN29520526] The following are analysts' initial reactions to the taskforce findings: DAVID SPRY, RESEARCH MANAGER, F.W. HOLST, SYDNEY ...

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