USA Today posted an article about GM's bankrupcy, which is expected to be announced later today. "Seven reasons GM is headed to bankruptcy." It is a good read.
Some of the problems were a result of terribly poor business sense. How unfortunate. How wasteful.
Showing posts with label GM. Show all posts
Showing posts with label GM. Show all posts
Downsizing Ford and GM
A Painful Departure for Some G.M. BrandsGM will cut it down to GMC, Chevrolet, Cadillac, and Buick, getting rid of Saturn, Pontiac, Saab, Hummer.
Ford on the other hand will cut it down to three: Ford, Lincoln, and Mercury, gettig rid of Mazda and Volvo.
So there. "Getting rid of" is a harsh way to say it; it's more like phasing out, combining with others, or selling to another company.