A bankruptcy of General Motors or another major automaker could hit American consumers hard, industry experts warn.
general motorsConsumers will suffer if GM goes underEconomic news - CNNMoney.com Wed, 11/19/2008 - 02:56
A bankruptcy of General Motors or another major automaker could hit American consumers hard, industry experts warn. What if GM goes broke?MSN Money Latest Articles Tue, 11/18/2008 - 23:01
Neither a bailout nor bankruptcy may save General Motors or the other Detroit automakers. So imagine the cost of losing GM, starting with millions of jobs. Why GM can't survive bankruptcyEconomic news - CNNMoney.com Thu, 11/13/2008 - 04:40
It worked for the airlines, but it might not work for General Motors. Saving the company through bankruptcy is probably not a viable option for the troubled automaker. Year of the bailout - and now GM?Economic news - CNNMoney.com Fri, 11/07/2008 - 16:50
The government has stepped in with nearly $125 billion to try and stabilize AIG. The nation's banks are tapping even more. Tags:
Automakers need loans ASAPMarketplace Thu, 11/06/2008 - 13:16
Chief executives from General Motors, Ford and Chrysler are on Capitol Hill desperately seeking loans. The Big Three are running out of money fast. GM global sales plungeEconomic news - CNNMoney.com Wed, 10/29/2008 - 08:09
General Motors reported sharply lower global sales as weakness in the nation's leading automaker's domestic sales spread to overseas markets. Can General Motors and Ford survive?MSN Money Latest Articles Fri, 10/10/2008 - 13:00
The automakers are staggering, burning through thin cash reserves even as their shares tank. But no one knows when consumers will start buying new vehicles again. GM shares fall as industry woes worsenMarketplace Thu, 10/09/2008 - 15:53
S&P's warning that it was reviewing General Motors credit rating for a possible downgrade sent the auto maker's shares down 30 percent and helped drag the DOW below 9,000. GM shares fall; Dow sinks below 9,000Marketplace Thu, 10/09/2008 - 15:53
S&P's warning that it was reviewing General Motors credit rating for a possible downgrade sent the auto maker's shares down 30 percent and helped drag the DOW below 9,000. |