It's a telling story of two car companies from a business summary today.
One car company is planning to print paper, the other build cars.
Shares of General Motors (GM: 1.83, 0, 0%) were down 25% in pre-market trading after the car maker said it would issue 60 billion new shares, use that money to pay the government and its union, and then do a 1-100 reverse stock split.
Ford Motor Co. (F: 5.8618, n.a., n.a.%) said will spend $550 million to convert a SUV plant in Michigan to produce a Ford Focus that will be available globally next year and a battery-electric powered version by 2011. fox.news
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