The manager of General Motors Corp.’s employee stock fund sold all shares of GM stock on fears the company could be forced to file for bankruptcy in the coming weeks, the automaker said Friday.
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Archive for April, 2009
April 25th, 2009
GM Employee fund unloads GM shares!
April 24th, 2009
GM Hopes Volt wins over the White House
The extended-range Chevrolet Volt will make its first appearance at the White House on Wednesday — though the president isn’t likely to see the electric car parked there.
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April 21st, 2009
VW sales fall
Automaker Volkswagen AG said Friday that its first quarter sales slipped 11.4 percent from last year, with declines in the United States offset somewhat by growth in Germany, Russia and China.
The Wolfsburg-based company, Europe’s biggest in terms of sales, said it sold 1.39 million cars worldwide in the January-March period compared with 1.57 million a year earlier. The drop was led by the VW brand, which saw sales slip nearly 5 percent to 876,000 compared with 920,200 in the first three months of 2008.
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