New Memoir Reveals How Close GM Was To Collapse
SOURCE: DIGG • 2010-02-03
TOPICS:
Finance • Car Manufacturers • General Motors • Economy Of The United States • Economics • Bailout • Gmac • Electric Vehicles • Electrification • Effects Of The 2008-2009 Automotive Industry Crisis On The United States • Automotive Industry Crisis Of 20082009 • Business_finance • Environment
[207 diggs @ Autos] General Motors financial situation nearly ruined the company in late2008, but an emergency bailout loan from the United States governmentultimately saved the Detroit automaker. However, a new report revealshow close GM actually came to liquidation...
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detroit • collapse [207 diggs @ autos] general motors • united states