updated: 4/9/2009 8:22:13 AM

[UPDATED] Butler Dean Expects GM to Severely Downsize

InsideINdianaBusiness.com Report

 Butler University's College of Business Administration Dean Chuck Williams talks about GM's future with Inside INdiana Business Host Gerry Dick.

The dean of Butler University's College of Business Administration says he expects General Motors Corp. (NYSE: GM) to significantly shrink as it restructures. Chuck Williams says the automaker could reduce operations by as much as 50 percent, which would have a severe impact on Indiana. He says the early discussions of orderly bankruptcy proceedings for GM and Chrysler LLC now look like the more feasible solutions.

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Source: Inside INdiana Business

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Williams also questions the Obama's administration's plans to encourage the production and sale of so-called "green" vehicles because he fears consumers will not want to pay higher prices for the vehicles, especially during the current recession. He made the comments on Inside Indiana Business with Gerry Dick.

Source: Inside INdiana Business

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