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

Charlie · 07-16-2008, 12:04 AM

A new story entry has been added:

[drupal=2462]GM Plans to Bolster Liquidity by $15 Billion Through '09[/drupal]

Quote:

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.

John10 · 07-16-2008, 06:28 PM

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.

07-16-2008, 06:28 PM	#2
John10 Master Member Join Date: Feb 2000 Location: Eastern PA Posts: 3,490 John10's Photos 2006 ION-3 Sedan 2009 VUE 2.4L	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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