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United States site recently published an article in the Washington Post said,Hines Ward Super Bowl Jersey, as Chrysler started bankruptcy proceedings,Garrett Hartley Youth Jersey, United States Government's auto industry task force has turned its attention to another larger problem: GM.In the next few weeks,1964 Jim Jersey, reached an agreement with bondholders will be key to block GM Chrysler footsteps. The plethora of bondholders of the company,Drew Brees Neck Jersey, both large enterprises,Nick Barnett Jersey, there are United States citizens.The article says that before United States President Barack Obama will Chrysler bankruptcy due to a small number of investment firms and hedge funds. The US Government has made to repay the creditors for the Chrysler US $ 6.9 billion in the debt of 22. US $ 500 million,Ray Rice Pro Bowl AFC Jersey, but the investment firms and hedge funds refuse to agree,Mario Williams Jersey, actually cut off Chrysler's posterior. While general creditors of the company is much more than Chrysler,Mike Ditka Jersey, the debt is almost 4 times of the latter times. United States daiwei·Keer Director of the Center for automotive research pointed out that General company larger and more complex,Larry Johnson Jersey, so are at greater risk.GM has announced the end of April a restructuring programme,Joshua Cribbs Field Flirt Jersey, including ways to slash debt,Dominique Rodgers-Cromartie Jersey, debt to equity 2 reductions before the end of next year. 10,Aaron Rodgers Pink Sweetheart Jersey,000 United States workers and gradually give up classic brands such as Pontiac. United States Department of the Treasury said that to achieve the restructuring programme objectives and the practice of changing debt into equity,Matt Ryan Zebra Jersey, restructuring must be 90% of GM bondholders support. Taking into account the many bond holders criticize the restructuring "is neither reasonable nor appropriate" can be such a high percentage of votes is also problematic. GM CEO Fritz Henderson said that if the bondholders rejected terms of the restructuring,Troy Polamalu Youth Jersey, the company is likely to declare bankruptcy,Jason Witten Sweetheart Jersey, drive vendors,Darryl Tapp 1960 Jersey, employees,Joe Greene 1975 Jersey, and customers into the future in a situation even more remote.Although GM's management and the United States Government officials apparently want to avoid this result,Matt Forte Jersey, but many observers think that this is almost a foregone conclusion. Analysis of institution "IHS Global Insight" of ailun·bulageman,Richard Dent Jersey, an analyst in the automobile industry said: "you will see General Motors filed for bankruptcy,Anquan Boldin Youth Jersey, it is almost inevitable. ”Fiat Group confirmed or takeover GM European operationsItaly's Fiat Group 3rd confirmed that the group is working with United States companies negotiate the acquisition of GM's European arm of General Motors,Jerricho Cotchery Jersey, its objective is to create an include Fiat,Albert Haynesworth Jersey, Chrysler,Selvin Young Jersey, and GM's European arm,Terrell Owens Field Flirt Jersey, the European automobile giant.Fiat announced in a statement,Derrick Mason Jersey, the group,Aldon Smith Jersey, evaluation in the next few weeks will be the Group's automotive sector (including Chrysler stake held by) merged with GM's European business feasibility,Plaxico Burress Youth Jersey, and possibly merged to a new company from Fiat group split and promote their listing. New company's annual revenues were expected to reach 80 billion euros (about US $ 105 billion),Aaron Hernandez Jersey, annual sales of between 6 million and 7 million.Fiat group automobiles sectors including Fiat,Jeremy Maclin Youth Jersey, aerfa·luomiou,Chris Johnson Field Flirt Jersey, Ferrari and other brands. GM's European business mainly comprises Germany Opel,Chris Wells Jersey, Sweden Saab and the United Kingdom such as Vauxhall brand.Saierjiao·maerji Ogne,Garrett Hartley Jersey, Chief Executive of the Fiat group recently acquired or represented Germany Opel,Clay Matthews Fem Fan Jersey, and in recent days and Germany Government officials held consultations on the acquisition of Opel. Chrysler announced on April 30,Otis Sistrunk Jersey, filed for bankruptcy protection and Alliance with Fiat,Jason Witten Youth Jersey, the two companies will seek to have 30 days to 60 days to form a new company.Birth of the new giant car-enterprise,Chris Cooley Field Flirt Jersey, orGet GM in Europe after Chrysler and turn a number of brandsGM,Mark Ingram Pink Fem Fan Jersey, Opel,Dwayne Bowe Jersey, Fiat intends to mergers including several brands in Europe. Fiat said,Vince Young 1960 Jersey, once the general European win,DeSean Jackson Pink Fem Fan Jersey, will be able to create a revenue hit $ 106.3 billion enterprise. General response is in talks and a number of potential investors.Successful bid for the United States after Chrysler cars and enterprises at least 20% shares,Roy E.Williams Jersey, Fiat also spotted a number of brands of General Motors in Europe,Y.A. Tittle Jersey, including Germany brands Opel and United Kingdom brand of Vauxhall. A giant car of the two sides in Europe and America and enterprise "Fiat/Opel" (Fiat/Opel) or turned out.Fiat CEO Sergio Marchionne leaving Berlin,DeSean Jackson Jersey, trying to persuade Germany political support for his plans for the establishment of a new European automotive group,LaMarr Woodley Camo Jersey, Opel,Trent Cole 1960 Jersey, Fiat merger approved. In addition,1994 Marcus Allen Jersey, he will also visit United Kingdom officials hope for support.Marchion said he plans to put the core car sector into a new company,Greg Jennings Super Bowl Jersey, the company also including Chrysler,Ben Roethlisberger Camo Jersey, general European car brands. He reached on Opel merger intentions period is set to 30 days,Jack Tatum Jersey, Fiat said in a statement published,Joey Porter Jersey, once common European win,Willie Parker Super Bowl Jersey, will be able to create a revenue hit $ 106.3 billion enterprise. In addition,Peyton Manning Sweetheart Jersey, if you can settle the Sweden bankruptcy law constraints,1971 Roger Staubach Jersey, GM's Saab is also possible to this "Fiat/Opel" company,Marshall Faulk Jersey, Fiat also calculated even want the General Latin American business will be forfeited.It is reported that GM will be in "Fiat/Opel" holds a minority stake in. However,Dwight Freeney Jersey, Fiat,Sean Taylor Jersey, Ferrari,Ryan Fitzpatrick Youth Jersey, Maserati its luxury cars are still attributed to the parent company of the group.At present,Matthew Stafford Field Flirt Jersey, the Opel accounted for about 80% of common European revenues,1990 Jim Kelly Jersey, Opel,Fred Taylor Jersey, and to survive the financial crisis have to us $ 4.3 billion,Kevin Kolb All Jersey, but Germany authorities tend to introduce investors to raise funds to replace direct injection.General yesterday issued a statement in response,Clinton Portis Jersey, is in talks and a number of potential investors,Jon Beason Jersey, also known as see some of these investors have good wishes and practical.GAC Fiat project into the EIADelete and abroad similar to Fiat vehicle sector is in the stage of identifying partners in China. According to reporters at the State Department of environmental protection website see GAC Fiat passenger car project has entered the national EIA procedures,Josh Cribbs Camo Jersey, investing over $ 4.2 billion,Sidney Rice Camo Jersey, of location determination in Panyu Dragon town. GAC General Manager Zeng Qinghong said at the Shanghai Auto show to interview,Mark Ingram Youth Jersey, and Fiat did not rule out joint venture,Andre Johnson Field Flirt Jersey, has signed a cooperation agreement. (Source: Xinhua/Guangzhou daily data)
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