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Fallout to hit Japan, parts makers acutely

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Taking up herewith News by Media ragarding GM Bankruptcy.
GM shock is to hit Japan, parts maker acutly.
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Fallout to hit Japan, parts makers acutely
Jun 2. 2009 by Japan Times

General Motor Corp.'s filing for bankruptcy protection Monday will have a wide impact on Japan's economy, ranging from further reduced U.S. consumption and car sales to fallout hitting the nation's parts makers, experts said. (Japan Times)







Firms brace for GM bankruptcy
Jun 1, 2009 by Asahi

Automakers and parts suppliers are preparing for the potential fallout from the failure of U.S. icon General Motors Corp., which is expected to end an era of American industry Monday by filing for bankruptcy protection.
Executives at Toyota Motor Corp., Suzuki Motor Corp. and Isuzu Motors Ltd. said they expect to maintain their partnerships with GM after it emerges from bankruptcy proceedings. (Asahi)

GM Will Ask Court Monday Tap Half Of Bankruptcy Loan
Jun 1, 2009 by CNNMoney.com
By David McLaughlin and Sharon Terlep NEW YORK -(Dow Jones)- General Motors Corp. (GM) will ask a bankruptcy judge Monday for permission to tap about half ... 

Video: NM GM dealers calm fears after filing

Jun 1, 2009, video by YouTube




GM Will Ask Court Monday Tap Half Of Bankruptcy Loan
Jun 1, 2009 by CNNMoney.com

NEW YORK -(Dow Jones)- General Motors Corp. (GM) will ask a bankruptcy judge Monday for permission to tap about half the $33 billion in bankruptcy financing being provided by the U.S. and Canadian governments.
Harvey Miller, an attorney for the auto maker, said at a court hearing that GM has just $2 billion in cash and that it has an "urgent" need to access the government loan.
The $33 billion in aid from the U.S. and Canada is intended to support GM during what it hopes will be a quick trip through bankruptcy. It plans to sell the bulk of its assets to a new company controlled by the U.S. ...

GM Files Bankruptcy to Spin Off More Competitive Firm
Jun 1, 2009 by Bloomberg

June 1 (Bloomberg) -- General Motors Corp., the largest manufacturer to go bankrupt, filed for court protection with a government-financed plan intended to create a viable company that can compete in world markets.
The U.S. government will extend $50 billion of loans to the 100-year-old automaker and plans to convert that into a 60 percent stake in the reorganized company, according to a filing in U.S. Bankruptcy Court in New York. GM today missed a deadline to show that it could reorganize outside of court and reported debt of $172.8 billion, more than twice its assets...
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By J.A. on 2 Jun., 2009
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上記広告は1ヶ月以上更新のないブログに表示されています。新しい記事を書くことで広告を消せます。