21 Entrepreneurs Reveal Their Favorite Business or Entrepreneur Turnaround Story
Hearpreneur
OCTOBER 31, 2021
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. Eventually, the company was led to global dominance by Alfred P. Saturn, Pontiac, and Hummer were all shuttered due to GM's bankruptcy, which occurred on June 1, 2009. billion in revenue annually.
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