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Keith Crain, publisher of Automotive News magazine, said, "What we need to see is some kind of stability so that companies like GM and Chrysler can get costs under control." However, if the economic situation continues to decline, GM will face a serious crisis. ”
In recent months, GM has secured $13 billion in federal emergency loans, and the company hopes to get another billion. However, to qualify for further bailouts, GM must secure concession agreements with its debtors and the Auto Workers Federation by the end of the month. Last month, the company announced plans to cut tens of thousands of jobs and close several factories.
GM said it would have to declare bankruptcy if it could not significantly cut costs.
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Keith Crain's Auto Info magazine said, "We're going to see some kind of stability. In that case, I think companies like GM and Chrysler will be able to control their costs.
But as long as GM's economic performance continues to decline, it will face a death crisis. ”
GM pocketed $13 billion in federal emergency loans only a few months ago, and they expect more funding. By the end of the month, they had to sign a repayment agreement with the debtor and the United Auto Workers in order to get more ** funding. Last month, the company announced plans to cut tens of thousands of workers and close several factories.
GM said that if it fails to save money on cost savings, it will face bankruptcy.
Note: Keith Crain (personal name, male) GM = General Motors.
chrysler = Chrysler Corporation.
Note: If the United States** wants to continue lending to GM, they need to get back the money they lent to others.
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Keith Crain, publisher of Automotive News magazine, said, "The first thing we need to see is economic stability, and then companies like GM and Chrysler can sort out their costs." However, if the economic situation continues to plummet, GM will face a serious crisis.
In recent months, the U.S. federal government has provided GM with $13 billion in emergency loans, with billions more likely to be bailed out. In order to secure a further bailout, GM must secure concession agreements with its creditors and the Auto Workers Federation by the end of the month. This month, General Motors announced plans to lay off tens of thousands of workers and close several factories.
GM said it would have to declare bankruptcy if it could not significantly cut costs.
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Keith Creon Automotive Press & Publishing** Magazine: "We've seen some sort of stability. Once that happens, then I think things like GM and Chrysler can get their cost line.
But as long as the decline continues, GM is in grave danger. “
General Motors has received $13 billion in emergency loans from the Federal Reserve in recent months and hopes to get billions or more. It, until the end of the month, ensures concessions to debtors as well as the United Nations Autoworkers Coalition in order to qualify for further aid. Last month, the company announced a plan to eliminate tens of thousands of people and close some factories.
GM said that failing to achieve significant cost savings would force it out of business.
Keith Crain publishes Automotive News ** Magazine:"We have to look at a certain type of stability. Once that happens, then I think companies like GM and Chrysler might get their ** fees.
But as long as there continues to be a free fall, GM is in the grave risk"GM has received $13 billion in emergency federal loans in recent months and hopes to get hundreds of millions more. It had until the end of the month to secure concessions from the debtor and united autoworkers united in order to have further ** assistance funded.
Last month, the company announced plans to eliminate tens of thousands of jobs and close several factories. GM said that negligence in achieving significant cost savings would force it into bankruptcy.
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Thanksgiving Day falls on the fourth Thursday of November. It is one of the most important American holidays.
On Thanksgiving, our whole family always went to my grandma's house. My aunts, uncles and cousins together. We sometimes invite some friends to join us.
Everyone is happy to meet other people. The women were busy helping my grandmother. The man sat down to watch a football game on TV, and ate at about four o'clock.
After dinner, we talked or played games until it was time to get home. It's hard to separate because Thanksgiving is a holiday where a small number of people get together during the year.
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On March 17th, there will be ** green celebrations around the world for St. Patrick. Ireland traditionally wears green on this day, and the color is associated with Ireland.
The general, but also others, used the opportunity to joke with Ireland again. They use archetypal (stereotypes) of irritable (short-tempered) Irish people, who love to fight, and will do everything possible to avoid a day's work.
However, today Ireland appreciates their ** talent and many other abilities more often. It is no accident that many of today's most popular ** groups, such as singer Enya and rock band U2, were born in Ireland in 2007. Lonely ball readers even Ireland is the friendliest country in the world.
Where do the negative stereotypes of Ireland come from? Ireland from the 19th century was a bad time.
Ireland was poor and hungry at the time. Many Irish emigrated to the United States to escape famine, but they had to fight with their fists ——- occasionally for jobs and housing with other immigrant groups, such as Italians. He gained their reputation by fighting on the streets of Ireland in the United States.
It may be unfair to have an archetype as big as an Irishman, but Ireland can boast (for ......proud) of the famous drink. He is after all Ireland created one of the most popular beers in the world, Guinness.
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I don't have that English out, how do you answer?