It has never been this bad for General Motors. Shares on Monday dropped to three dollars--an all-time low - je 11.11.2008 08
Sebastian KatzerNovember 11, 2008
It has never been this bad for General Motors. Shares on Monday dropped to three dollars--an all-time low. Banking analysts are advising investors to get rid of the GM shares, predicting the US automaker will run out of money by January and go bankrupt. Deutsche Bank warns that even with a massive government bailout, the carmaker will not survive. This could have dramatic consequences across the entire auto industry, including GM's European arm, Opel. +++Syn+++