restructuring plan

GM Says it Needs $16.6 Billion MORE: Will Cut 47,000 Jobs and Close 5 U.S. Plants to Get it

GM Says it Needs $16.6 Billion MORE: Will Cut 47,000 Jobs and Close 5 U.S. Plants to Get it
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Today is it… the North American Auto Industry’s big day full of big and frightening news. But things may be worse than anyone had planned. That’s right, General Motors wants more money from the Federal Treasury… $16.6 Billion. Yes.. that is $16.6 Billion on top of the $13.4 Billion loan GM already secured from the… Continue Reading...