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Autoworker Truths » General Motors » GM Workers Speak! » GM: Shrink brands, pay, jobs, dealers

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1 GM: Shrink brands, pay, jobs, dealers on Wed Dec 03, 2008 11:14 am

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General Motors Corp. could run short of the cash it needs to operate this month if Congress doesn't approve $4 billion in loans, the automaker said Tuesday in a 30-page report requesting federal aid.


"The first $4 billion is crucial," President and Chief Operating Officer Fritz Henderson said on a conference call. "Absent support, we can't continue to operate."

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Autoworker Truths » General Motors » GM Workers Speak! » GM: Shrink brands, pay, jobs, dealers

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