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Old 07-15-2008, 11:04 PM   #1
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Default GM Plans to Bolster Liquidity by $15 Billion Through '09

A new story entry has been added:

GM Plans to Bolster Liquidity by $15 Billion Through '09

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General Motors today announced it is taking further steps to adapt its business to rapidly changing market conditions, marked by the weak U.S. economy, record high fuel prices, shifts in consumer vehicle preferences, and the lowest U.S. industry sales volumes in a decade.

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Old 07-16-2008, 05:28 PM   #2
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Default Re: GM Plans to Bolster Liquidity by $15 Billion Through '09

They need to do everything possible to squelch rumors of corporate bankruptcy and failure. No company highly dependent on retail consumer sales can afford a crisis of consumer confidence in the company itself.

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