GM Files Voluntary Chapter 11; Agreements with US Treasury and Canada; New GM Expected in 60-90 Days
Green Car Congress
JUNE 1, 2009
reached agreements with the US Treasury and the governments of Canada and Ontario for the creation of a smaller, self-sustaining “New GM”. Reduce its dealers to approximately 3,600 from the current 5,969. The Chevy Equinox and GMC Terrain, midsize crossovers with highway fuel economy of 32 mpg. General Motors Corp.
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