APRIL 5, 2009, 12:26 P.M. ET Geithner: Worst Not Over For Jobless, GM Is Here To Stay DOW JONES NEWSWIRES U.S. Treasury Secretary Timothy Geithner said Sunday that unemployment could go higher before the economy begins to recover and insisted that ailing auto maker General Motors Corp. "will be part of this country’s future." Geithner [...]
April 5, 2009 Auto news in brief: Clunkers program rattles some Clunkers program rattles some Not everyone is thrilled with the idea of a cash for clunkers program. The businesses that provide the parts to keep those clunkers driveable are fighting it. The Automotive Aftermarket Industry Association said enacting such a program would harm [...]
April 5, 2009 GM’s Spring Hill workers worry Plant could be closed as government seeks deeper cutbacks By G. Chambers Williams III THE TENNESSEAN http://www.gm.com/">General Motors Corp.’s Spring Hill assembly plant could face a more difficult battle to survive a new round of auto industry cuts sought by the Obama administration in the wake of [...]
White House says GM’s new CEO Henderson has embraced change queryvar=”white,house,says,gms,new,ceo,henderson,has,embraced,change”; Automotive News | April 3, 2009 – 3:31 pm EST WASHINGTON (Reuters) — The new CEO of General Motors has embraced a change of direction for the automaker and is working on a plan to make the firm viable, White House economic [...]
General Motors’ assets: The good, bad and ugly queryvar=”general,motors,assets:,the,good,bad,and,ugly”; Neil Roland Automotive News | April 3, 2009 – 7:00 pm EST WASHINGTON — General Motors could move in and out of U.S. Bankruptcy Court in a month or two if it were to divide itself into good and bad assets, some bankruptcy lawyers [...]
GM says 600 UAW workers have changed their minds on buyout queryvar=”gm,says,600,uaw,workers,have,changed,their,minds,on,buyout”; Jamie LaReau Automotive News | April 3, 2009 – 4:49 pm EST DETROIT — General Motors said today about 600 hourly workers who tentatively accepted a special attrition retirement or buy-out package last month have changed their minds. About 7,600 workers [...]
