Postpone the production of General Motors' Chevrolet Cruze and other vehicles, business leaders, decision day. Cut out a financial product will save GM $ 1500000000 important.
In recent weeks the company announced publicly that its financial product line extensions to decrease as much as two years, a greater percentage of belt-tightening at the 2009th
Experts look to move a step in an effort to stay afloat in the middle of the credit crisis. This means that vendors can not agree, should sell the car at that time, cars that will help restore GM.
GM officials that the capital cost of the technology, design and other things mean money to go to the GM and the book should be curtailed. They reported that the current global financial disaster is one of the most difficult challenges for business.
Cars like the Chevrolet Camaro and the Volt will not be delayed, but most of the range. Automotive experts say that water is unsafe to keep production in the warp, because it may mean that missing sales targets in the future.
Some people think that GM has reached a critical level of cash flow. Sources say that the company uses to produce full power at about one billion U.S. dollars per month. The company has only $ 17000000000 funds left in its creation may slow down the signs of desperation.
GM would be about $ 14 billion in the full operational and financial experts to try to maintain a very hard winter in front of the car.
There will still debut in 2009. This is the GM vehicles that have been developed, such as La Crosse Buick and Chevrolet Camaro. Chevy Volt is also expected to hit the market next year. Some experts do not know why the Cruze, expected to bring in sales volume with a lag.
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