GM Releases New Viability Plan, Launches Bond Exchange; Phasing Out Pontiac
Green Car Congress
APRIL 27, 2009
General Motors presented an updated Viability Plan that accelerates and deepens the cuts in US brands and nameplates, dealers, manufacturing operations and employees intended to enable GM North America to breakeven (on an adjusted EBIT basis) at a US total industry sales volume of approximately 10 million vehicles. range in subsequent years.
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