The auditors of troubled manufacturing giant General Motors (GM)
have raised “substantial doubt about [GM’s] ability to continue as
a going concern” amid reports that, without a cash injection from
the US Treasury, the carmaker could go bust within 30 days.
GM needs $3.5 billion (£2.5 billion) in 2009 and $2.3 billion
(£1.6 billion) to 2014 to stay afloat, it said. It has already
received $15 billion (£10.6 billion) in government loans.
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