DETROIT (AP) - January 20, 2009 Henderson told the Automotive News World Congress Tuesday night
that the company faces a daunting but liberating task in developing
a viability plan to justify $13.4 billion in loans.
But he said GM simply has to work hard and get the job done.
Henderson also says GM will have four core brands in the future:
Cadillac, Chevrolet, Buick and GMC. He also predicted that oil
prices will rise rapidly once global economic activity recovers,
justifying GM's electric car research spending.
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