GM bankruptcy could be painful

Courtesy MSNBC.com: Business  Mon, 05/18/2009 - 05:41

Cars are shown on a lot at a GM dealership in Los Angeles.<br /><br />GM eventually hopes to close more than a third of its 6,000 franchises.If General Motors follows Chrysler into bankruptcy court, as many are now expecting, experts say it is likely to be more painful for both the carmaker and the U.S. economy.



 

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