GM, Ford shares decline ahead of June sales report (Reuters)

American flags flutter in the wind in front of the General Motors Corp. headquarters in downtown Detroit, Michigan November 7, 2007. (Rebecca Cook/Reuters)Reuters - Shares of General Motors Corp tumbled to a 54-year low while smaller rival Ford Motor Co shares fell as much as 10 percent on Monday on concerns record oil prices would further hit U.S. demand for vehicles.


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