General Motors, Finally Bancrupt!…
— yulyanto
closeAuthor: yulyanto
Name: Yulyanto
Site: http://www.yulyanto.com
About: I was born on July, 16th of 1979, after graduate from Senior High School on 1996, I was continued my study at University of Persada Indonesia YAI (Jakarta) on 2002, majoring in Bachelor of Accounting and then continue my study in the same institution, success to get Master of Management especially Finance Management on 2005. After finish my first Master degree in Management, I’ve got the second Master of Law at University of Indonesia (Jakarta), especially in Economics Law on 2007 by Office’s Scholarship.
I have been working at PT Sanwell Austindo-Jakarta (www.austindocorporation.com), my last position as a Finance Manager, and then start on May 2007 I have been moving as a Marketing Manager, but until now I am still responsible as an Internal Control Manager at PT Austindo Perdana- Bali (Austindo Groups).
In my spare time, usually I am always reading and writing something. Until now, I have been contributed my opinion by some media, like’s science journal, articles, blogs and also in my personal website too (www.yulyanto.com).
Someday, I hope that my written will be useful for anything all in the world ………..............................…See Authors Posts (285) • June 1st, 2009
One of the bigger automotive industries in United State of America (USA) and also in the world, General Motors Corp. (GM) was established 100 years on last September 2009, announcing theirs bancruptcy condition at 1st June 2009.
GM will change become to new company with operational most efficiently by the government. For theirs vendor who have some account receivables to GM, agree to convert become to a stocks. After this re-structure, GM still have liabilities to the amount US$ 27 billion.
GM has loss theirs market segmentation since begin of 1980 year’s when they have about 45% market segmentation. Actually this condition caused by their overconfidence with their truck type and also tigh policy for the credit since 1980.
Now, GM has acqusition by the Government of USA and become to a state-own company and almost 72,5% of their assets has owned by the govenment.
Topic: Business, Government, Industry, News
One of the bigger automotive industries in United State of America (USA) and also in the world, General Motors Corp. (GM) was established 100 years on last September 2009, announcing theirs bancruptcy condition at 1st June 2009. 
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