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Far right wing reportedly ready to boycott a newly federalized GM
The far right wing of the American political spectrum has begun channeling its displeasure over the federal government's involvement in the restructuring of General Motors into calls for a boycott of the company's products. Reportedly spearheaded by right wing pundits and radio show hosts, the boycott would be a response to the U.S. government taking a 60% stake in GM in exchange for forgiving most of the tens of billions of dollars loaned to the company over the last six months. The original premise of loaning money to GM (and Chrysler) was ... Read more →
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Far right wing reportedly ready to boycott a newly federalized GM 6 months ago on Autoblog
The far right wing of the American political spectrum has begun channeling its displeasure over the federal government's involvement in the restructuring of General Motors into calls for a boycott of the company's products. Reportedly spearheaded by right wing pundits and radio show hosts, the ...
Officially, Official: GM files for Chapter 11 bankruptcy 6 months ago on Autoblog
The die is cast: General Motors has filed for bankruptcy. As expected, the automotive giant filed for Chapter 11 bankruptcy protection this morning in a New York court, listing $82 billion in assets and $172 billion in debts. As we told you earlier, the century-old company will gain extensive ...
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