Floundering GM losing out to foreign carmakers

Bowling Green, Ky – GM plans to trim 20% of its hourly US workforce by July 1st. Earlier, GM announced a new round of buyouts and early retirement incentives aimed at returning to profitability. GM also posted the worst annual loss of any US automaker in history.
Lisa Autry spoke with national spokesman Dan Flores and the president of Bowling Green area UAW chapter Eldon Renaud.