Friday, October 3, 2008

GM doesn't rule out more restructuring


General Motors Corp. said it can't rule out the need for more restructuring if the economic crisis will get worse, per GM it was vital that U.S. lawmakers pass a financial bailout to shore up confidence in the economy.
"We'll take the actions that are necessary," Fritz Henderson, the automaker's chief operating officer. I think that the situation in United States is affecting GM's production, but we must not forget that GM's crisis was before the fall of economy in United States.

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