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GM and Chrysler Submit Updated Restructuring Plans; Up to $18.6B More Needed; Outlines for Product Plans

Green Car Congress

FEBRUARY 18, 2009

As required by the loan agreements signed in December 2008, GM and Chrysler submitted their updated restructuring plans showing a pathway to achieve financial viability to Congress on Tuesday. 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

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GM on the brink…

Revenge of the Electric Car

NOVEMBER 7, 2008

or any other automaker would have far-reaching consequences, given the millions of people employed by supplier companies, dealers and other small businesses that are dependent on the industry. November 8, 2008. But a bankruptcy by G.M. Here is the full text of the entire article, in case the link goes bad: [link]. In July, G.M.

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