Analysis President Bush’s decision to extend General Motors Corp. and Chrysler LLC a $17.4 billion lifeline through March is welcome news. Now comes the hard part. Will the auto makers need a second loan in March to sustain them through June? Almost certainly. Will they require another one in June to get them through September? Probably. Even if the Obama Admin. decides to sustain them indefinitely, can Detroit auto makers truly become viable again and win back the trust and goodwill ...
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