It’s hard to believe

But could the once-mighty behemoth General Motors really be heading for bankruptcy?

It seems more and more likely every day.

http://www.nytimes.com/2009/04/03/business/03motors.html?ref=global

GM’s new executive has already said it, and now its been stated in an offical regulatory filing to the Treasury, the Times reports.

What would this mean for plants, employees, and retirees?

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Filed under U.S. Auto Industry

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