GM and Chrysler Submit Updated Restructuring Plans; Up to $18.6B More Needed; Outlines for Product Plans
Green Car Congress
FEBRUARY 18, 2009
Elements of the new plan include: GM will sell or phase out the Hummer brand by 31 March, with a final resolution no later than 2010. GM has offered Saab for sale, and is requesting Swedish government support prior to any sale. GM now manages all product development activities globally. Resources.
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