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| + | == cheap retro jordans == | ||
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| + | <p class="paragraph" data-pnum="24">GM faces an almost impossible list of restructuring tasks to complete before the June 1 deadline. It must get new cost-cutting agreement with its unions,[http://www.amassdenver.com/ cheap air jordans], complete a debt-for-stock swap with 90 percent of its bondholders, close factories and cut jobs to prove to the government it can repay the loans.</p> | ||
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| + | <p class="paragraph" data-pnum="25">The largest U.S.-based automaker also is trying to cut 2,600 dealerships and is in the process of selling or phasing out the Saturn, Saab and Hummer brands. GM has already decided to get rid of Pontiac.</p> | ||
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| + | <p class="paragraph" data-pnum="22">GM posted an operating loss of $2 billion in Europe while it squeezed out a small profit in Latin America. Sergio Marchionne,[http://www.amassdenver.com/ amassdenver.com], the chief executive of Italy's Fiat SpA, is in talks to take over GM's operations in Europe — Germany's Opel,[http://www.amassdenver.com/ jordans for cheap], Britain's Vauxhall and Sweden's Saab. Fiat confirmed Thursday it is interested in the Latin American operations.</p> | ||
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| + | class="paragraph" data-pnum="21">The company reported an operating loss of $3.2 billion from its North American operations alone,[http://www.amassdenver.com/ cheap jordans for sale].</p> | ||
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| + | <p class="paragraph" data-pnum="27">Young said GM is continuing<ul> | ||
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| + | <p class="paragraph" data-pnum="26">GM shares fell 5 cents,[http://www.amassdenver.com/ cheap air jordan shoes],[http://www.amassdenver.com/ cheap air jordans], or 3 percent, to $1.61 in morning trading.</p> | ||
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| + | <p class="paragraph" data-pnum="23">Young would not comment on Fiat's interest in GM's European or Latin America units. Fiat will have a 20 percent stake in Chrysler when that automaker emerges from bankruptcy protection.</p> | ||
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