21 Entrepreneurs Reveal Their Favorite Business or Entrepreneur Turnaround Story
Hearpreneur
OCTOBER 31, 2021
General Motors comeback is by far the most striking success story in business turnarounds. Durant lost control of GM to a bankers' trust just two years later, in 1910, due to enormous debt and a crumble in automobile sales. Saturn, Pontiac, and Hummer were all shuttered due to GM's bankruptcy, which occurred on June 1, 2009.
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