GM Emerges From Bankruptcy

U.S. auto giant General Motors emerged from bankruptcy Friday after signing court papers selling its best, most profitable parts to a new company largely controlled by the U.S. government. The process has seen the carmaker shed thousands of jobs and announce plans to shut down or sell off famous brands like Hummer, Saturn and Pontiac so it can focus on making a profit. But industry experts say the new GM faces stiff challenges amid the worst economic crisis in decades. VOA's Mil Arcega reports.

Category:

News & Politics

Tags:

• GM
• General
• Motors
• Bankruptcy
• auto
• industry
• car
• maker
• Arcega
• voa
• news