Shares of General Motors stock hit a 60-year low Monday.
Some fear the company is close to collapsing. GM recently reported a $2.5 billion loss, and analysts say the company doesn't have enough cash flow to keep it open past December without a bailout package.
There are 4,000 retired auto workers who now call Florida home. Those who live in our area have a monthly union meeting Tuesday, and Monday night the union president tells WINK News he's afraid he won't have good news to share about their future.
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