The board of directors of embattled US automaker General Motors Corp is considering "all options" including bankruptcy, according to a report on the Wall Street Journal's website late on Friday.
Ford, Chrysler, GM top bosses fly into controversy with their extravagance.
http://www.ibnlive.com/news/big-3-car-firm-ceos-beg-for-bailout-in-private-jets/78650-7.html
Indian manufacturers exported components worth $1 bn to US in 2008.
http://www.ibnlive.com/news/gm-trouble-may-put-brakes-on-indian-auto-part-makers/78611-7.html
There is much more at stake than just US auto giants.
http://www.ibnlive.com/news/us-auto-majors-in-danger-of-going-broke/78610-7.html
Why not let them follow an old and tested process, bankruptcy?
http://www.ibnlive.com/news/bankruptcy-a-necessary-evil-for-auto-major-gm/78472-7.html
1 out of 10 jobs in the US is auto related, in peril as economy crashes.
http://www.ibnlive.com/news/us-auto-sector-in-crisis-big-three-cry-for-bailout/78328-7.html
Obama is wondering whether auto industry deserves a bailout.
http://www.ibnlive.com/news/obama-debating-a-federal-bailout-for-auto-industry/77994-7.html
Stocks of American auto giant General Motors fell to a 65-year-low.
http://www.ibnlive.com/news/nokia-to-slash-1250-jobs--gm-stock-plummets/77980-7.html
GM stocks closed under $3 for the first time since 1946.
http://www.ibnlive.com/news/gm-stocks-plummet-to-65yearlow-to-cut-2000-jobs/77978-7.html
GM posted a $15.5 billion net loss in the second quarter.
http://www.ibnlive.com/news/auto-giant-gm-lays-off-1000-hourly-workers/76033-7.html
GM is developing sub $5000 car which will be positioned between Nano and Spark.
http://www.ibnlive.com/news/gm-to-launch-another-small-car-in-two-years/61503-25.html
The GM building is a piece of real estate only billionaires can bid for.
http://www.ibnlive.com/news/most-expensive-ny-address-up-for-sale/60529-2.html
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