US carmakers’ future on the line, 10 years after bailout

Al Koch, a managing director in AlixPartners' turnaround practice and served as GM’s chief restructuring officer, suggests that bankruptcy aided GM's transition through the 2008 recession. “It allowed us to do what otherwise would have been impossible, to right size the organisation . . . and that laid the groundwork for the remarkable recovery that GM has shown since.”

25 November 2018