GM to Sale 51% stake in GMAC
April 4th, 2006 by admin
Fast cash for world’s largest automaker
GM is heads over heals right now trying to figure out how to make their company profitable. They’re laying employees off, closing plants, cutting pension plans, and selling their cornerstone stock in GMAC for a quick $14 billion.
Rick Wagoner, GM Chairman and Chief Executive, believes this move will sustain the […]
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