Posts Tagged ‘Gm bankruptcy’

New GM prepares to rise as the old one going bust

Monday, June 1, 2009 15:50 by Arman Barari No Comments

So this is it! Finally General Motors has filed for chapter 11 bankruptcy. But the work has started for a new GM to re-launch in 90 days, which will be smaller and more focused on profitable brands. Also the government of the United States will take 60 percent stakes in the new company. They have [...]

This was posted under category: Gm Tags: Financial Crisis, Gm, Gm bankruptcy, Opel, USA, Vauxhall