Ford, GM and the corporate dash for cash
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Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.
When credit markets seized up earlier in March, more than 130 companies rushed to their lenders to draw down at least $124bn of emergency credit lines to shore up cash, with Ford and General Motors drawing the largest amounts. We look at how the auto industry is preparing for the economic uncertainty that lies ahead. With the FT's Peter Campbell and Gillian Tett.
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