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GM, Ford Quitting Corporate Jet Travel

Stock quotes in this article: GM , F , DAL  

General Motors(GM Quote) and Ford(F Quote) say they are getting out of the corporate aircraft business.

Furthermore, both CEO Rick Wagoner of GM and Alan Mullaly, the chief at Ford, will drive to Washington in hybrid vehicles for Congressional hearings on Thursday and Friday, when they will make their cases for securing shares of a proposed $25 billion industry bailout.

The auto companies appear to be reacting to intense criticism of their CEOs' use of corporate jets to call on Congress two weeks ago. ...

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