The GM Debacle

In January 2008, it was ranked the world’s second largest auto-maker. In June 2009, its bankruptcy is the fourth largest in US history. General Motors (GM) is a company that has lifted thousands of American families into the folds of the middle class…

General Motors and the Auto Industry

The collapse of General Motors is, perhaps, being looked upon as one of the biggest blows to the US real economy. General Motors stood as a symbol of America’s talent for innovation. A company that, once, sold half of the cars in America…

How did General Motors Go Bankrupt

General Motors Corporation (GM) is an automaker based in Detroit, U.S. In 2008 it was the world’s second largest automaker in sales. For 77 consecutive years (1931- 2007), GM was the global sales leader. It manufactures cars and…

What 101 years can do to you : General Motors files for Bankruptcy

101 years of service, 101 years of luxury; can be of no assurance that you are a titan. After all, it is not only me but the world’s best economic analysts are saying that. More than that, the recent filing of bankruptcy by GM holds testimony to that…

Au revoir of a General

Yet another fall of an icon of capitalism was marked by the demise of General Motors, the largest of its kind in the history of United States. Replicating the fate of Chrysler, the week witnessed the 100 year old car major file…

The Worst is Yet to Come

If you were of the opinion that the worst phase of the world financial and economic crisis was over, then take a step back and think again. The worst is yet to come. This time it will be bigger and will be accompanied by many more people…

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