Does GM Stand For Government Motors?

Courtesy NPR Programs: Morning Edition  Tue, 06/02/2009 - 4:00am

General Motors says it's confident it can steer a course through bankruptcy court, and emerge as a leaner, more competitive automaker.

The company filed for bankruptcy protection Monday. The federal government is helping GM with another $30 billion in aid.

That will make the government the company's majority shareholder.

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