If debts cannot be cut by 90% then GM will file for Chapter 11 bankruptcy protection.

如果债务未能减少90%，那么公司将按照11条例提交破产保护。

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If the North American businesses of GM and Ford filed for Chapter 11, their activities elsewhere would be largely unaffected.

假如通用汽车在北美的公司按照《破产法案第11章》申请破产，他们在其它地区的活动基本上不受影响。

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The GM move is the first production halt directly linked to the March 11 earthquake and tsunami that wiped out portions of the northeast coast of Japan.

通用这一举措是第一个与3月11号发生在日本的地震、海啸有直接关系的停产决定。 这场灾难使日本东北部的部分沿海区县元气大伤。

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In the past year alone, a fuel crunch has put a crimp in the sales of SUVs (Detroit's most profitable product), unions have rattled their sabers in the face of more job cuts, and people have started whispering about GM possibly declaring Chapter 11.

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After modeling GM against Ford on a 11.5 million car year, followed by 12.5 million and eventually 16 million units, GM's market valuation comes in a touch cheaper than Ford but that assumes they hold market share which is not a given.

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For all of 2011, Ford sales increased 11% and GM's rose 13%.

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