The car giant GM is on the brink of becoming bankrupt even though they have already received a 20 billion dollar government bailout. The CEO of General Motors does not want to receive yet another bailout so they have purposed a plan to axe several popular brands that they make including Pontiac, Hummer, Saturn and Saab. I don't know how you get 20 billion dollars and still are about to go bankrupt. But that's just me.
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