Mon, May 18th, 2009
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GM's vast scale and complex network of partners make the ramifications of a bankruptcy highly unpredictable, especially given the uncertainty about the global economic conditions that pushed the auto industry to the breaking point in the first place.
Related stories from top sites:
Obama plans 'leaner' car industry
May 22nd, 2009 - BBC NEWS
Mr Obama has been tough on the carmakers after huge bailouts President Barack Obama says he hopes US carmakers will come out "leaner and meaner" from their financial troubles.
Fiat improves bid for GM's Opel
May 22nd, 2009 - BBC NEWS
Karl-Theodor zu Guttenberg said Fiat has a "willingness to negotiate further" Italian carmaker Fiat has improved its bid to buy Opel and its UK brand Vauxhall from General Motors.
Obama Hoping For `Leaner, Meaner' GM And Chrysler
May 22nd, 2009 - The Huffington Post
WASHINGTON — President Barack Obama says General Motors Corp. and Chrysler LLC must emerge from their restructuring as "leaner, meaner" companies and that a substantial market awaits them if they make the right decisions.
GM bondholders dig in, gird for bankruptcy
May 22nd, 2009 - Reuters
NEW YORK (Reuters) - General Motors Corp's bondholders on Friday said they remained opposed to the company's proposed bond exchange, a position which threatens to send GM into bankruptcy soon...
Ford unveils programs to woo GM, Chrysler buyers
May 22nd, 2009 - The Detroit News
As Chrysler LLC and General Motors Corp. move to dismantle brands and close dealerships, other automakers are moving in to pick up the pieces. Analysts said it will take a couple more months to fully gauge consumer reaction to these moves...
Related videos from YouTube:
- GM to declare bankruptcyMore at therealnews.com GM bankruptcy restructuring puts risk on to workers; no vision for a green transportation system
- Michael Moore on GM Bankruptcy:..."We need to protect our industrial infrastructure, as I've said many times before, so that we are using these factories to built the things that we need -- bullet trains, light rail, alternative energy ...
- Inside Story - General Motors...Car giant General Motors (GM) has filed for bankruptcy protection, marking the biggest failure of an industrial company in US history. A look at the factors that led to the biggest failure of an industrial company in the US.
- Nick Gillespie on GM BankruptcyReason.tv's Nick Gillespie debates CNBC's Phil Lebeau on Power Lunch about GM's likely slide into bankruptcy and bailing out US automakers. Air date was April 13, 2009.
Related stories from Digg:
GM approves plans to boost ad spending on Chevrolet
Expect to see much more of Chevrolet vehicles now that the General Motors board has approved plans to substantially increase ad spending. Chevrolet’s recent launches — Camaro, Equinox and Traverse – were all successful in the marketplace but the company believes that they were overshadowed by the automaker’s bankruptcy.(Autos)
aka4wheelsFri, Nov 6th, 20091 Diggs, 0 CommentsNASCAR.COM - GM cutting support for Nationwide, Truck teams
General Motors is cutting factory support for Chevrolet teams competing in the Nationwide Series and Camping World Truck Series as the automaker restructures under Chapter 11 bankruptcy protection, according to a story that will appear in Friday's edition of SportsBusiness Journal.(Motorsport)
ramfire98Fri, Nov 6th, 20094 Diggs, 0 CommentsGM to Retain Opel in Break From Post-Bankruptcy Plan
General Motors Co.'s board voted to keep its Opel unit rather than sell a majority stake to Magna International Inc. and partner OAO Sberbank, citing an improving economy and the brand's strategic importance.(Business & Finance)
BemuzedWed, Nov 4th, 20091 Diggs, 0 Comments
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