Sunday, March 29, 2009 GM: Obama administration to make announcement on restructuring soon The Detroit News General Motors Corp. issued a brief statement Sunday saying it expected an announcement soon from the Obama administration regarding the U.S. auto industry’s restructuring but declined to comment further. "We are anticipating an announcement soon from the Administration regarding [...]

Sunday, March 29, 2009 Wagoner forced out at GM Christine Tierney and David Shepardson / The Detroit News General Motors Corp. Chairman and Chief Executive Officer Rick Wagoner is stepping down immediately after being asked by the Obama administration to give up his position at the helm of the largest U.S. automaker, people familiar with [...]

Staff and wire reports Automotive News | March 29, 2009 – 5:29 pm EST   GM’s Wagoner to quit as Obama readies decision, sources say   queryvar=”gms,wagoner,to,quit,as,obama,readies,decision,sources,say”; DETROIT — General Motors CEO Rick Wagoner is about to resign after eight years as the Obama administration prepares to decide on the automaker’s request for additional government [...]