 |
General Motors needs cash. And fast
The company confirmed that it intends to sell its Hummer brand but it will also sell its manufacturing operation in Strasbourg, France.
Both assets are said to be worth from $2 billion to $4 billion. The company also has hinted that it might be selling other assets in the future. Decisions on the sale of other assets could be announced as soon as the fourth quarter of this year.
via CNN Money
No comments:
Post a Comment