Cars Blog, gm

Debt Plan of Saab Automobile (gm)

Posted by Website Introductions: (gm) Saab Automobile AB's proposal is expected to be approved by a Swedish Court that will slash the company's debt to hundreds of its creditors. Read more: Debt Plan of Saab Automobile [click]
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GM November sales hurt due to speculation (gm)

Posted by Website Introductions: (gm) Speculation, for whatever value it has, is the main culprit behind any correction the market has ever undergone. It has done nothing but hurt the market. The same can be said about General Motors, which had its November sales hurt over speculation about the fate of its brand. More news about it here at CNN.com [404 Check: was link to http:/ /
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GM loses $4.2 B in third quarter (gm)

Posted by Website Introductions: (gm) It's worse than what the people from Wall Street expected. GM actually lost $4.2 billion last third quarter. Without government or any other kind of intervention, the company may end up getting bankrupt. Dropping customer sales amid a credit crunch is pointed as the reason for the large loss. This might put the possible Chrysler acquisition at the
Tags: gm, auto industry. Comments: 0.