GM’s looming bankruptcy

So, three decades of decline has come to this for General Motors: a Chapter 11 bankruptcy petition expected to be filed Monday.

Lots of problems
contributed to its downfall, but now the carmaker faces an extremely steep climb.

The bankruptcy will winnow its model line to vehicles consumers like best, but that doesnâ??t mean consumers will buy the
cars.
The brands might be suffering from fatal damage, particularly in such influential markets as California and much of the East
Coast.

Do you believe GM will make it? Or is bankruptcy the next-to-last nail in its coffin?

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