GM - Some Interesting Facts

The Troubled US car maker GM once touted to be one of the greatest companies ever is now staring at bankruptcy,Here are some key facts about GM

GM lost $31 billion in 2008, taking its total losses to $82 billionin the past four years.

A bankruptcy filing by General Motors would rank as the third-largest bankruptcy in U.S. history and one of the largest and most complex manufacturing bankruptcies ever.

GM's brands include Chevrolet, Cadillac, Buick, GMC, Saab, Saturn, Hummer and Pontiac.

GM had 243,000 employees as of December 2008 -- 170,000 hourly and 73,000 salaried. About 54,000 workers are U.S. factory workers represented by the United Auto Workers union.

GM's purchasing budget runs to about $94 billion annually. It works with about 3,200 suppliers who supply more than 160,000 parts

Source : http://www.cnbc.com/id/31003493

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