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Want to know what's happening at GM? Just Ask Fritz!

As General Motors emerged from its bankruptcy, the company stated it was committed to a clear and simple vision - to design, build and sell the best vehicles in the world.

Posted on Jul 28th, 2009 3:42am

General Motors announces bankruptcy, promising a new and better future

090601_GM_logo_s It was not much of a surprise yesterday when General Motors revealed the details of its bankruptcy plans; many in the automotive industry were wondering WHEN, not IF, GM would have to resort to such drastic measures. According to News.Yahoo.com "GM's bankruptcy filing is the fourth-largest in U.S. history and the largest for an industrial company. The company said it has $172.81 billion in debt and $82.29 billion in assets."

Posted on Jun 3rd, 2009 4:40pm

Other Topics Covered:

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