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General Motors Corp.'s chief financial officer says the company will not need the $2 billion loan installment for March that it requested from the U.S. government in February. ...more
March 12, 2009
Investors fled Wall Street again Thursday, driven by worries about the stability of the nation's big banks and General Motors Corp. ...more
March 6, 2009
It may seem like the country that used to make everything is on the brink of making nothing. ...more
February 26, 2009
$17.4 billion Amount in government loans General Motors and Chrysler will use in three months ...more
February 22, 2009
General Motors Corp.'s Swedish-based subsidiary Saab went into court protection from creditors Friday so the unit can be spun off or sold by its struggling U.S. parent, officials said. ...more
February 21, 2009
On Wednesday, President Barack Obama went to Arizona and announced another huge spending package by our federal government. This one is to assist home mortgage defaults and it is to the tune of $75 billion. ...more
February 21, 2009
On Wednesday, President Barack Obama went to Arizona and announced another huge spending package by our federal government. This one is to assist home mortgage defaults and it is to the tune of $75 billion. ...more
February 20, 2009
General Motors says it's cutting 10,000 salaried jobs, blaming the need to restructure the company amid the continued drop in new vehicle sales. ...more
February 10, 2009
General Motors Corp. will offer buyouts to all of its hourly employees, a spokesman confirmed Tuesday, as the troubled automaker continues to slash costs. ...more
February 3, 2009
General Motors Corp. says its "jobs bank" program will end Monday. The program gives union workers at the Detroit automakers most of their pay and benefits while they are laid off. ...more
January 28, 2009
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