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GM, Chrysler 'considering bankruptcy'

China Daily | Updated: 2008-12-05 07:52

GM, Chrysler 'considering bankruptcy'

Customers are reflected in the body of a Chevrolet Impala at a dealership in Raleigh, North Carolina. Bloomberg News

General Motors Corp and Chrysler LLC executives are considering accepting a pre-arranged bankruptcy as the last-resort price of getting a multibillion-dollar government bailout, said a person familiar with their internal discussions.

GM, Chrysler 'considering bankruptcy'

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