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| This is a discussion on GM says it may need up to $30B in gov't financing; plan will slash 47,000 jobs, close 5 plants within the Other Cars forums, part of the PriusChat Forums category; Hope this isn't a repost... GM seeks up to $30B in aid, will cut 47,000 jobs - Yahoo! Finance "GM ... |
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GM says it may need up to $30B in gov't financing; plan will slash 47,000 jobs, close 5 plants
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02-18-2009, 04:44 AM
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| Senior Member  Join Date: Sep 2005 Location: Seattle area, WA
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Friends: 3 |  GM says it may need up to $30B in gov't financing; plan will slash 47,000 jobs, close 5 plants Hope this isn't a repost... GM seeks up to $30B in aid, will cut 47,000 jobs - Yahoo! Finance "GM is already surviving on $13.4 billion in federal loans and said in a 117-page plan submitted to the Treasury Department that it would seek an additional $16.6 billion if economic conditions worsen, but it could achieve profitability in two years and fully repay its loans by 2017...." |
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