Bankruptcy talk engulfing General Motors Corp. over the last three months killed thousands of sales for the auto maker, illustrating the need to stabilize its business outside of Chapter 11 to take advantage of any future rebound in the U.S. market, Chief Financial Officer Ray Young says. “We recognize, for some buyers, there might be a lingering effect,” Young tells Ward’s during a conference call today to discuss the auto maker’s first-quarter loss of $6 billion. “We just need to get off ...
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