US to give Chrysler $500M, GM $5B in new aid
Funds meant to help Chrysler reach an alliance with Fiat and GM to restructure outside of bankruptcy.
April 21, 2009: 9:38 AM ET

WASHINGTON (Reuters) — The Obama administration will make about $500 million available to Chrysler LLC through the end of this month as it seeks to [...]

Wednesday, April 22, 2009
Obama says GM, Chrysler must ‘build cars of the future’
David Shepardson / Detroit News Washington Bureau
Washington — President Barack Obama said today the government must create incentives for Americans to drive fuel-efficient cars, while pledging to regulate tailpipe emissions.
"We must create the incentives for companies to develop the next generation of clean [...]

Wednesday, April 22, 2009
GM to close plants for up to 9 weeks this summer
David Shepardson and Rob Snell / The Detroit News
General Motors Corp. is expected to announce Friday it’s cutting about 170,000 vehicles from its planned production this year, closing factories for as long as nine weeks this summer as the automaker works to [...]

Keith Crain
and Peter Brown and Dave Guilford
Automotive News | April 20, 2009 – 12:01 am EST
 
Henderson: GM needs ‘right dealer in the right spot’
 

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Fritz Henderson, General Motors’ new CEO, must carry out the "deeper and faster" restructuring demanded by President Barack Obama’s task force overseeing automotive bailouts.
[...]

GM says it probably won’t make $1 billion debt payment
 

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Automotive News | April 22, 2009 – 1:40 pm EST
 

General Motors said today it probably won’t make a $1 billion debt payment due June 1.
Instead of making the payment, the automaker is hoping for [...]

Sources: GM to close plants up to 9 weeks
Most facilities to be affected; usual summer shutdowns last two weeks

The Associated Press
updated 6:39 p.m. CT, Wed., April 22, 2009

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DETROIT – General Motors Corp. is planning [...]