GM set to cut thousands of jobs

Courtesy BBC Finance  Tue, 07/15/2008 - 5:29am

US carmaker General Motors is expected to announce thousands of redundancies as it struggles to cut costs amid falling sales.



 

More related items

GM discusses sale of Hummer brand
General Motors is discussing the sale of its Hummer brand with a number of potential buyers, the firm says.

Carmaker GM unveils 2010 Camaro
US carmaker General Motors announces it will produce a fuel-efficient Camaro from 2009.

'Bankruptcy' fear hits GM shares
General Motors shares fall below $10 for the first time in more than 53 years on fears about the carmaker's future.

GM US sales beat Toyota in June
General Motors reports better sales than expected for June, but they are still well below last year's levels.

GM axes four SUV and truck plants
General Motors is closing four truck and sports utility vehicle plants in the US, Canada and Mexico.


 

Post new comment

The content of this field is kept private and will not be shown publicly.