Towns, Businesses Reel From GM Bankruptcy
746 views · Published 4 June 2009 · 2:07 · Indexed 20 September 2026
Channel: Voice of America · 2009 · News & Politics
After a historic bankruptcy filing Monday, General Motors took a big step forward Tuesday, announcing a tentative deal to sell its Hummer brand to a Chinese manufacturer. GM has also lined up buyers for its Saturn and Saab brands. But prospects of a more profitable GM emerging from bankruptcy have been lost on thousands of workers and dealers who are seeing their livelihoods wiped out. VOA's Mil Arcega reports.