It was inevitable the fall, despite all the efforts being made to revive it, even with the billions of Obama GM was able to stay afloat, and worse, the close plants and lay off staff is a reality. One of the most unfortunate of their Feasibility Plan .
What will happen is a summary of this: it will lay off 21 mil contract, 3600 vendors, dealers were reduced by 42%, closing 16 factories and killed Pontiac . A number of things that make a big signing of the former more in line with the world we are living now.
These are not signs that the break before June 1, the day it closes the period for filing the Feasibility Plan requested that the Government . If a Obama does not like it was signed without bankruptcy more turns, and GM will be divided into two parts, Chevrolet, Cadillac, Buick and GMC, on one side and another is Saab, Hummer and Saturn (signatures to be some luck involved).
Death Pontiac was the most likely of all, since a long time that this signature has nothing to give the American public, only models of other firms in the group (by Holden more nothing) that has nothing to do with the brand. The Solstice might have been a new beginning for the signing, but this model was interesting to wane over the years (and more because they have been in 3 brands).
Furthermore, with the death of Pontiac, Holden was also affected, as several of their models are sold under the brand in United States . If you dare to go to this market alone, can save something. Anyone who has interest in Pontiac you can buy this year.
This will save 25% costs, ranging from 30,800 million in 2008, 23,200 million in 2010.
The news is devastating and terrible, almost a total 23,000 workers remain in the street after this. Hopefully Obama do something about it and not let all these people out of work.
Track | Autoblog.es / Carscoop
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