Stoked News – News, Videos, surf, skateboard, snowboard, motorsports, action sports » Blog Archive » Automobile – Chevy drivers hopeful GM can avoid bankruptcy for consumers, sport
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Thursday’s announcement that General Motors might file for bankruptcy protection has NASCAR’s Chevrolet drivers hoping it doesn’t come to that, more for consumers and the economy than themselves.

The automaker, which has already received billions in government assistance, said auditors’ no-confidence vote forced it to seek waivers from creditors on loan agreements and could affect suppliers’ ability to seek loans. Drivers didn’t seem immediately concerned about their futures but are concerned about …  Details

This entry was posted on Saturday, March 7th, 2009 at 6:51 am and is filed under Automobile, NASCAR. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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