The greatest industrial bankruptcy in the history of the USA General Motors in receivership

摘要

And two collapses! A month after its counterpart Chrysler, it is the turn of General Motors, the giant of the automotive giants to announce bankruptcy. In debt and seriously affected by the crisis, it has, as we have been expecting it for several days, asked on this Monday June 1, to be placed under the protection of the US law on bankruptcy in exchange of a drastic restructuring plan. GM, who submitted its request in New York, specified to have a debt of 172.81 billion dollars (121.6 billion euros) and 82.29 billion dollars (57.9 billion euros) of assets.