Comment

GM CEO: Thanks for the Money, I Think We'll Declare Bankruptcy Now

173
Athos3/31/2009 11:26:05 am PDT

re: #144 Nevergiveup

But they are back at the trough again?

Now that they have a tentative merger with Fiat, its unclear to how much additional funds they may need from the government to fund their ongoing operations.

I would venture to say that like GM, Chrysler also needs some substantial management changes as well as a reduction in their union costs in order to return to being a competitive company.