Tuesday, June 23, 2009
GM salaried staff, execs get details on early-out offers
Robert Snell / The Detroit News
General Motors Corp. started providing details to salaried and executive employees Tuesday about severance and early-retirement offers that will result in about 4,000 job cuts by Oct. 1.
The cuts are part of GM’s broad restructuring while in bankruptcy court [...]

June 24, 2009

Chrysler, GM seek U.S. retooling loans

Energy officials in talks with carmakers

BY BRENT SNAVELY
FREE PRESS BUSINESS WRITER
U.S. Department of Energy Secretary Steven Chu said Tuesday that his department is in discussions with General Motors Corp. and Chrysler about their applications for a $25-billion retooling loan program intended to spur fuel-efficient vehicle production.
Chu made [...]