Monday, June 15, 2009

Story of General Motors (Bankruptcy)


Story of General Motors (Bankruptcy)


World 4th biggest car company and 101 years old company "General Motors" or "GM" fill the form of bankruptcy on 1 june,2009.

So along this 101 year year old company finish:(.

GM starts 16 September 1908 and till its manufacture cars and motors in 34 different countries and 2.5 lack workers in GM. It export cars in 140 countries. and only in America 6 crore 60 lack cars are manufactured by GM.

Company shares has price 30$ in 2007 and its decreased 51 cent only and on 2 june GM kicked from most stack exchanges .

Its 4th big bankruptcy in America.

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