DETROIT -- General Motors said on Thursday that a large part of the proceeds from the sale of its stake in Hughes Electronics Corp. would likely be used to fund its U.S. pension plan, which faces massive liabilities that threaten its credit rating.
DETROIT -- General Motors said on Thursday that a large part of the proceeds from the sale of its stake in Hughes Electronics Corp. would likely be used to fund its U.S. pension plan, which faces massive liabilities that threaten its credit rating.