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 made his remarks while [...]

 

April 5, 2009

Auto news in brief: Clunkers program rattles some
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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 the ouster of GM’s [...]

White House says GM’s new CEO Henderson has embraced change
 

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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 adviser Austan Goolsbee said today.
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General Motors’ assets: The good, bad and ugly
 

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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 say.
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GM says 600 UAW workers have changed their minds on buyout
 

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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.
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