By David Wigan LONDON, March 27 (Reuters) - Like the elephant in the living room, the decline of General Motors is a problem that investors don't want to think about but can't ignore. The world's largest automaker, whose debt is close to the gross domestic product (GDP) of Belgium, lost more than $10 billion last year and is facing a bankruptcy that would reap devastation in the financial markets. GM's share price has halved in the past year, while its $100 billion of bonds have been ...
Premium Content (PAID Subscription Required)
"Credit investors ponder GM-sized hole in universe" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.