The Effect of GM’s Bankruptcy on the Volt

Categories: Financing, Plug-ins
GM Bankruptcy

Questions loom over the fate of the Chevy Volt as General Motors prepares to file for bankruptcy tomorrow, June 1st 2009.    Based on GM's worldwide assets of $91 billion and liabilities of $176 billion, the bankruptcy would be  the third largest in U.S. history, behind Lehman Brothers and Worldcom. There have been several prominent speculations over whether GM will abandon its plug-in program.   Keith Johnson, writing for the Wall Street Journal, has come out saying he believes the Volt will be ... Discover More

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