GM and Chrysler Submit Updated Restructuring Plans; Up to $18.6B More Needed; Outlines for Product Plans
Green Car Congress
FEBRUARY 18, 2009
The plans, updated in the context of a worsening sales outlook for the entire auto industry, outline a need for up to an additional $16.6 In 2005, GM completed a long-term initiative to transform operations from a collection of semi-autonomous regions into a cohesive global enterprise. GM product plans. Chrysler product plans.
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