General Motors Bankruptcy during the Late-2000s Recession

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KindlyEveningPrimrose
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Mary Barra became GM's first female CEO in 2014.

False

GM's rebound was halted by a $4B engine failure in 2014.

False

One way GM has made the company leaner is by investing in GM's European business.

False

General Motors survived its recession-era bankruptcy without any government bailout.

False

$500M was invested by GM in Uber for future success measures.

False

Explore General Motors' struggles during the late-2000s recession that led to its high-profile bankruptcy declaration. Discover the factors such as pension costs, unprofitable new cars, and expensive production facilities that contributed to the company's financial woes.

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