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Close Topic OptionsWarning of cash crunch, GM cuts jobs and halts Chrysler talks
Warning Cash Crunch Gm Cuts Jobs Halts Chrysler - Politics, Business, Civil, History - Posted: 10th Nov, 2008 - 7:03pm
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Warning of cash crunch, GM cuts jobs and halts Chrysler talks
Warning of cash crunch, GM cuts jobs and halts Chrysler talks
Canadian News
General Motors saw its third-quarter sales tumble, leading it to warn that its deteriorating liquidity is approaching a precarious position and to halt talks on acquiring Chrysler.
Source: CBC | Toronto News
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talks Chrysler halts jobs cuts GM crunch cash Warning
GM has been getting by for decades now I think the reality is they are a poorly ran business and need to reconstruct ad downsize their production models. What company sets its self up to compete with its self? Same car with 3 different names only the trim varying. Bad business if you ask me and now they are paying for it and I do not think a big comeback in in the future till they do close some useless plants that are not required. I hate to see any job loss but in the long haul it makes sense to close then do it.
Or start a new line of electric cars in the Oshawa plant. Though make more sense in the States and place a different line up here.
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TOPIC: Warning of cash crunch, GM cuts jobs and halts Chrysler talks