Make-or-break week for GM as deadline nears

Courtesy Newsvine - business  Tue, 05/26/2009 - 03:27

The clock is ticking on a June 1 deadline for General Motors Corp. to restructure, and this make-or-break week is expected to bring more plant closures, employee concessions and other last-minute efforts.


 

Related items

Penske ends talks with GM to acquire Saturn
Penske Automotive Group Inc. says it has ended talks with General Motors Corp. to acquire Saturn, citing concerns of whether GM could continue to supply vehicles.

GM emerges from bankruptcy
DETROIT (AP) -- General Motors Corp. CEO Fritz Henderson says the new GM will be far faster and more responsive to customers than the old one.Henderson announced on Friday that the company...

GM to cut 4,000 more salaried jobs
General Motors Corp. has notified its U.S. white-collar workers that it plans to cut about 4,000 more jobs by the end of the year.

Samsung SCX-4200 3-in-1 True Multifunction Printer
The SCX-4200 Digital Productivity Center is a low cost black and white laser printer, delivering 3 in 1 true multifunction performance with professional laser output.Keep your valuable real...

BlueAnt UNOTPBAX53 X5 Bluetooth Stereo Headphone...
The X5 Stereo Bluetooth Headset is a portable multi-function device utilizing the latest cutting edge technologies allowing you to stream high quality music and make voice calls using a...


 

Post new comment

The content of this field is kept private and will not be shown publicly.
CAPTCHA
We apologize for the inconvenience. Please help fight spam.
business.marc8.com