Wilson PonThe Final Destiny of GM – The Biggest Bankruptcy of Carmaker in History!
October 15th 2009 06:35
Once upon a time, General Motors (GM) was the biggest carmaker company in world. They’ve a very glorious moment, where they’ve earned over billion of profit every year.
Now, it’s turned into a history, after its declared the bankruptcy and becoming the biggest industrial bankruptcy in world as well!
For your information, GM was established in 1908, and William “billy” Durant was the proud founder of GM.
GM joined the Dow Jones in 1925, and had quickly turned into one of the famous stock after only few years!
Believe it or not, GM had over 50% share of the US car market, which is making her the biggest lion share’s of all.
GM had made the 100 millionth car in the U.S. by 1967, however the trouble was starting to follow GM afterward…
After a glory of over 101 years, GM had officially declared bankruptcy in June 1, 2009. The car industry tycoon is disappeared from our vision forever…
Note: Photo thanks to gm-volt.
Now, it’s turned into a history, after its declared the bankruptcy and becoming the biggest industrial bankruptcy in world as well!
For your information, GM was established in 1908, and William “billy” Durant was the proud founder of GM.
GM joined the Dow Jones in 1925, and had quickly turned into one of the famous stock after only few years!
Believe it or not, GM had over 50% share of the US car market, which is making her the biggest lion share’s of all.
GM had made the 100 millionth car in the U.S. by 1967, however the trouble was starting to follow GM afterward…
After a glory of over 101 years, GM had officially declared bankruptcy in June 1, 2009. The car industry tycoon is disappeared from our vision forever…
Note: Photo thanks to gm-volt.
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It certainly is, Katyzzz!