US carmaker General Motors goes bust

Name: US carmaker General Motors goes bust
Uploaded: 2009-06-02T06:36:52+00:00
Duration: 2 min 44 s
Channel: RT
Description: The U.S. car manufacturer General Motors has declared itself bankrupt. President Barack Obama said the federal government will act as a reluctant shareholder when it takes a 60 percent stake in the new GM.

RT

The U.S. car manufacturer General Motors has declared itself bankrupt. President Barack Obama said the federal government will act as a reluctant shareholder when it takes a 60 percent stake in the new GM.

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