GM and Chrysler Submit Updated Restructuring Plans; Up to $18.6B More Needed; Outlines for Product Plans
Green Car Congress
FEBRUARY 18, 2009
The plans, updated in the context of a worsening sales outlook for the entire auto industry, outline a need for up to an additional $16.6 GM’s dealer count is also projected to be further reduced, from 6,246 in 2008 to 4,700 by 2012, and to 4,100 by 2014. In Europe, in addition to working with its labor partners to achieve $1.2
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