Saturday, May 9, 2009
GM Motors Under Financial Crysis
GM motor corparation has a loss of about 600 crore dollars in the first 3 months of 2009.It was 330 crore dollars last years.Earnings has been come down to 2240 crore dollars from 4240 crore dollars.Production has been reduced to 9 lakhs units.Their financial improvement plans has to be accurate herwise they have to follow the path of Crisler.
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