GM failed: Can 'Govt Motors' succeed?
China Daily | Updated: 2009-06-02 08:10
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General Motors vehicles sit on the lot at the Brown & Woods Pontiac Buick GMC Cadillac dealership in Greenville, North Carolina. Bloomberg News |
DETROIT: General Motors Corp has tens of billions of dollars in government backing, grudging labor peace and the support of its big bondholders as it gets ready for what is intended to be a swift dash through one of the biggest bankruptcy cases in US history.
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