Six U.S. governors urge support for auto industry

Newswire

DETROIT, Oct 30 (Reuters) - The governors of six states urged the U.S. Treasury and the Federal Reserve to take "immediate action" to prevent a deepening crisis for the auto industry that would become "an unmanageable disaster" for state governments, in a letter released on Thursday. "While all sectors of the economy are experiencing difficult times, the automotive industry is particularly challenged," the letter said. "As a result, the financial well-being of other major industries and ...

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