← Back to: "GM, Chrysler Submit Survival Plans"
GM needs to get its hands on more money than previously thought
"As we reported throughout the past few weeks, both GM and Chrysler were due yesterday to submit their survival plans as they are looking for additional financial aid to get through the economic crisis. The deadline was met, as both companies have managed to file their plans in due time. The surprise, and a negative one we might add, was that the two manufacturers seem in bigger trouble than previously thought. Based on their survival plans, the companies are asking a who..." Continue Reading →
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