On April 30th General Motors (GM) signed a contract to buy the bankrupt Daewoo Motor.

4月30日，通用汽车公司签署了一项购买已破产大宇汽车公司的合同。

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The three major U.S. automobile makers — Ford Motor Co., GM (General Motors) Corp. and Chrysler LLC — have been hurting for some time.

3大汽车制造商——福特，通用，克莱斯勒很受伤一段时间了。

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Ford Motor ( F) and General Motors ( GM) sell some fine automobiles.

FORBES: Connect

As with similar initiatives under way at General Motors (nyse: GM - news - people ) and Ford Motor (nyse: F - news - people ), progress has been glacially slow.

FORBES: Chrysler: Dealers' Turn For Pain

Edward Altman, a professor at New York University's Stern School of Business, forecasts defaults to rise to 5% to 6% in 2007, not factoring in the fates of General Motors (nyse: GM - news - people ) or Ford Motor (nyse: F - news - people ).

FORBES: The Heirs Of Michael Milken?