GM and Chrysler Submit Updated Restructuring Plans; Up to $18.6B More Needed; Outlines for Product Plans
Green Car Congress
FEBRUARY 18, 2009
Following the steep decline in US industry sales in December 2008 and January 2009, GM responded by further lowering its forecast for 2009 US industry sales to 10.5 In the US, GM will focus on its core brands; Chevrolet, Cadillac, Buick and GMC. million units (57.5 million units globally) for viability planning purposes.
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