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Old 08-12-2004, 07:29 PM   #1
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Rising Cost of Healthcare Pressures Automakers

SUMMARY: <span style="FONT-SIZE:10pt; FONT-FAMILY:Arial">“</span><span style="FONT-SIZE:10pt; COLOR:black; FONT-FAMILY:Arial">Nothing is more important to us. Nothing." Those were the words from General Motors chief finance executive John Devine to a packed crowd of auto industry insiders in a forum at Traverse City. The topic of question: healthcare. More to the point, the ever rising costs of healthcare and the possibility of it impeding on domestic carmakers and their ability to compete. </span>

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