GM bankruptcy

GM CEO Henderson Says That GM Will Shake Up Management

GM CEO Fritz Henderson said yesterday that the company would have "changes ahead" in senior management ranks, though said that he needed more time to finalize the changes. Many...

GM May Have to Drop GMC Brand

By Chris Haak 04.16.2009 Bloomberg reported today that GM's GMC brand, which sells trucks and crossovers, may be on the chopping block, along with the...

Detroit Bailout Dies in the Senate

In the face of Senate Republican opposition, the $14 billion auto industry aid bill that passed in the House of Representatives on Tuesday has died.  The biggest concerns raised...

Congressional Leaders Pelosi, Reid Push for Automaker Aid from $700 Billion...

By Chris Haak 11.09.2008 House Speaker Nancy Pelosi and Senate Majority Leader Harry Reid sent a joint letter to Treasury Secretary Hank Paulson in recent days asking that under...