"Black Friday" announcement coming from GM?

GM has announced that there will be "important changes" coming on Friday.

So what does that mean? Well, certainly part of announcement will be about how badly the General has been performing, due no doubt to the global financial fiasco. But beyond that, what does that mean? Huge job cuts? Probably. Status of the GM-Chrysler deal? Probably. Consolidation of products as it pertains to model lines and/or brands? Don't know, but not out of the question.

Full story here.

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• Posted by: Bob Holland November 6, 2008, 7:41 AM
• Categories: Auto Industry, General Motors