The company must still slash labor costs further, and probably fire 20, 000 additional workers. It wants to close hundreds of its dealerships.
通用公司必须仍然进一步消减劳动力成本,大约两万的的工人将被解雇,它还想关闭数以百计的代理商。
2
The disclosure of fire-sale prices could force them to slash carrying values on their own books. This in turn would spur more selling, driving prices further down in a vicious cycle.