Why GM is on the verge of bankruptcy 6 Articles

by James Walters

General Motors (GM) on the verge of bankruptcy? This would be a difficult statement to make for a company with $28 billion in cash (per balance sheet 03/31/2007). That does not mean GM will not ever go into bankruptcy, b...read more

by Farmer Bob

The real story about GM, and for that matter most other US manufacturing businesses, is that they have become less competitive in the global market due to several factors here in the US. 1. Labor costs. Labor costs in...read more

by Nic R.

G.M. is not on the verge of bankruptcy, G.M. is not loosing money. Actually the losses that they talk about are losses on sales projections. The way it works is : General Motors projects their sales to be 18 million high...read more

by Whinny Moore

GM is on the verge of bankruptcy for a very simple reason. It is saddled with the legacy cost of retiree pension and health care. If GM were a growing business, it might be able to absorb such costs, but with a shrinking...read more

by LaMont L Troupe

Tuesday, May 08, 2007 UAW Will Pay the Price of Future Events: A DL Lindsay Story Category: Automotive With Congress looking to increase CAFE standards and the Detroit 3 looking helpless to do anything about it...read more

by James Stayer

Quality and Quantity. General Motors has failed to produce a car line that is guaranteed to not break down. You may argue that the Corvette is a flawless car, but can you afford to own one? The Vette is a decent car, but n...read more