CANBERRA – An Australian analyst says even though the economic problems of General Motors Corp. and Ford Motor Co. in the U.S. likely will have an impact on the Australian auto industry, auto makers and suppliers should be able to weather the storm. Borrowing costs are on the rise for Detroit's Big Two, due to low debt ratings. Investment cuts in Australian manufacturing and new model development could be a result of squeezed profits back home, David Charles, director-Allen Consulting ...
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