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Image: 2008 GMC Acadia
AP file
GM bankruptcy described as unlikely
Times are certainly tough for GM, which saw its stock fall to a 54-year low. But while one analyst said bankruptcy is a possibility, others said that outcome is unlikely.

  The Driver's Seat
Image: 2008 GMC Acadia
AP file
GM bankruptcy described as unlikely
Times are certainly tough for GM, which saw its stock fall to a 54-year low. But while one analyst said bankruptcy is a possibility, others said that outcome is unlikely.

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  GM bankruptcy?
July 2: Merrill Lynch said Wednesday that bankruptcy is ‘not impossible’ for General Motors. Is the automaker doomed? CNBC’s Phil LeBeau reports.

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