GM Emerges From Bankruptcy With Leaner Look and $50 Billion of Government Loans, an Industrial Info News Alert

Mon Jul 13, 2009 6:01am EDT
 
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  SUGAR LAND, TX, Jul 13 (MARKET WIRE) -- 
Researched by Industrial Info Resources (Sugar Land, Texas) -- After
being battered like a pinball for the last several years, General Motors
Corporation (OTC:GMGMQ) (GM) (Detroit, Michigan) finally has time to take
a breath. Decades of mismanagement, constant strife with workers and
suppliers, and more recently, the downturn in automotive sales in the
United States had forced the country's largest automaker to seek
governmental aid and eventually file for bankruptcy protection. After
only 40 days under bankruptcy protection, GM emerged Friday with a new
leaner look, a revamped management philosophy, new ownership and $50
billion of additional governmental loans.

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    Industrial Info Resources (IIR) is the leading provider of global market
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and energy related markets. For more than 26 years, Industrial Info has
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at www.industrialinfo.com.

    

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