Good news may be within sight for the beleaguered U.S. auto industry as it seeks immediate aid from the government to head off a crushing liquidity crisis that could see General Motors Corp. run out of cash by first-quarter 2009. U.S. House Speaker Nancy Pelosi said Tuesday federal aid for the domestic industry is urgent and that she is confident Congress can act on emergency legislation next week. Her remarks follow those of President-elect Barrack Obama’s transition co-chairman John ...
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