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'Cash Poor' Ford and GM Will Sell Corporate Jets

'Cash Poor' Ford and GM Will Sell Corporate Jets

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Two of the ‘Big Three’ auto makers have finally acted responsibly and on Tuesday, announced that they’ll be selling their corporate jets.

In a statement, GM said, “Due to significant cutbacks over the past months, GM travel volume no longer justified a dedicated corporate aircraft operation.”

Ford has confirmed that it will be selling five jets from its fleet.

The big CEOs will now have to “settle” for flying first class!

WTF is up with Chrysler, the third auto ‘giant’?

Why aren’t they sacrificing any of their corporate jets?

Chrysler SUCKS!

[Images via AP Photos.]

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Dec 02, 2008 14:45pm PDT

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