As if we needed any more proof that GM is headed down the same path as Chrysler, the General reserved a space on the interwebs to publish information about its restructuring efforts. The automaker registered both gmrestructuring.com and gm-restructuring.com in April, and – like its Chrysler counterpart (owned by Epic Systems, Inc.) – the new domains could serve as an outlet for bankruptcy documents or GM-approved discussion about its resurrection post-Chapter 11. Although both sites
General Motors continued to show solid results from its restructuring efforts Wednesday, as the automaker blew past analysts' projections, posting its first quarterly operating profit in global operations since 2004. Operating losses in the critical North American market shrank to $85 million, compared to nearly $1.2 billion in Q2 2005.
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