Jun 3, 2009 -
Bankruptcy, What Bankruptcy?
As the Detroit carmaker began retooling after filing for bankruptcy protection, a company spokesman said Monday he did not expect further cuts to GM Racing's budget, which supports NASCAR, NHRA, ALMS and short-track racing activities around the country and adheres to the "win on Sunday, sell on Monday" mantra.
"Racing equals good ROI (return on investment)," said Steve Janisse, group manager for Chevrolet Communications. "There are no expected budget cuts right now."
But will it sell the smaller, more fuel efficient cars that Government Motors is promising?
Read the entire article at freep.com
