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by krsnaknows on May 28th, 2009
No.The industry is going through an uphevael so we have to give everyone a chance to survive.If GM collapses it would mean a lot of problems to everyone.In Europe,They have asked for another 475 million so as not to shut Opel, otherwise they will have to sell and there are only two buyers! So any which way someone has to fund them!Though the Indian economy is very steady, the Indians will not buy for sometime till governments abroad think that they are friendly buyers!
When did GM bonds become junk status?
by Answerbag Staff on July 10th, 2010
| 1 person likes this
what happened to the money gm made over the past 10 years? why cant they pay off their debts with the money they made over the past 10 years
by Gohith_S on June 11th, 2011
| 1 person likes this
How many people does GM employ?
by Answerbag Staff on June 27th, 2010
| 1 person likes this
What did gm pay in taxes for 2007?
by Answerbag Staff on June 14th, 2010
| 1 person likes this
what size are the transmition coolent lines on a 2001 corvette
by joe6963 on May 12th, 2011
| 1 person likes this
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Comments
Thanks krsna for a detailed answer.
by keithold is a prodigal bagger on May 28th, 2009