GM - Glum Mood?
General Motors, owners of Chevrolet, Daewoo, Vauxhall and Saab to name a few, have reportedly called “for coordinated federal action to assist the ailing U.S. automobile industry” according to Reuters. This is of course in response to the slump in markets and credit markets. The US car giant insists that bankruptcy is not an option asserting that such action “would not benefit our customers, our dealers or our employees.”
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