News 18/12/08

18/12/08

News:

1) America's 3 greatest car companies have stopped production as before, they are cutting down on the production line due to the global financial crisis.

I think tht the 3 car companies have started facing problems ever since the crisis started. Their problem must have gotten bigger and bigger. Financial crisis has also gotten worse and worse as many companies are threatened with bankruptcy. This crisis has taught me a valuable experience to always be on your guard for any crisis and always be prepared. The companies should have kept more money in store or made more preperations for it. Now, not only america's car companies, many other companies have also cut down on their production.