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GM (non-)Statement on U.S. Auto Industry Restructuring Announcement


Bruce Nunnally

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We are anticipating an announcement soon from the Administration regarding the restructuring of the U.S. auto industry. We continue to work closely with members of the Task Force and it would not be appropriate for us to speculate on the content of any announcement.

Bruce

2023 Cadillac CT4-V Blackwing

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They were turned down. Click here for news article. Obama told Wagoner to quit first; click here for article. It looks to me like Obama is trying to manage GM toward Chapter 11.

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