Humiliating bankruptcy

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  • Volkswagen AG, General Motors, gm re emerges as world s no 1 automaker, Humiliating bankruptcy

    GM re-emerges as world's No 1 automaker 21 January 2012

    GM was the world's largest automaker for 77 consecutive years from 1931 through 2007 before Toyota surpassed it in 2008. The automaker was bleeding about $100 billion in the years before its 2009 bankruptcy, which saw it being delisted from...

    Keywords: 77 consecutive years, consistently profitable, US auto giant, Toyota

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