President of GM: Bankruptcy is not inevitable, but we are preparing

President of GM: Bankruptcy is not inevitable, but we are preparing a

Said the CEO of General Motors, the U.S. auto giant said Sunday that the company, which are preparing for a severe crisis in the event of the possibility of bankruptcy has become inescapable. But the man recently appointed by the U.S. government confirmed that the company in return Stenbos again even if the crisis got her to this fate. In an interview with NBC in the television program "Meet the Press", the new President of the U.S. auto giant Fritz Henderson that the bankruptcy of the company's faltering is not inevitable. The administration of President Barack Obama has been appointed to head the company after it rejected a plan to restructure the company, made by the former chief executive Rick Vagonr, who was forced to resign a week ago. Obama has given the management of the new Department for General Motors and Chrysler's management also stalled plans to develop two months to get a broader government funding to allow the re-Structure

Best non-bankruptcy

Henderson said the restructuring of the "We like to be outside the bankruptcy process. Should this not be possible outside the bankruptcy process, which will be", in reference to give the judiciary to oversee the process of a possible bankruptcy of the company. In response to a question whether the bankruptcy is inevitable, he replied, chief executive of General Motors, no. He said he planned to meet the demands of the U.S. government with regard to restructuring

Despite the depth of the crisis in the months since the company that may end to the decline in bankruptcy sales, and Henderson appeared Thaqa that GM Stenbos again and return to what it was from the force. He said in this context, in another interview with CNN that the news that "I am confident because I think that whether we have this (restructuring) bankruptcy or out of the process in which, Fsnnger. Will be radically different as we move forward." At the time of former U.S. Treasury Secretary Timothy Gitnr has announced that the Obama administration to examine all options in terms of GM (including bankruptcy). General Motors won the 13.4 billion dollars last year and requested an additional $ 16 billion, while Chrysler asked for help also new. The announcement speech, said David, a senior adviser to President Barack Obama, the goal is to make the car manufacturers are able to continue. He told Fox News, "There is no doubt that General Motors will continue to flourish and is what we all want them, they should do a serious restructuring." In March U.S. auto sales fell 45%, a decline of 17 months, respectively. And the distance the U.S. auto industry - including the dealers and suppliers - 400 thousand workers in the last year, and incurred losses of billions of dollars.