gm

As a result, for every UAW member working at a U.S. car maker today, three retirees collect benefits; at GM, the ratio is 4.6 to one.

The board of General Motors Corp met on Sunday to review a restructu

Turns out, Tiger Woods wouldn't really rather have a Buick. At least not anymore.

General Motors Corp. said Friday it would sell and lease back some of its non-manufacturing operations in Europe as part of its efforts to raise cash quickly.

General Motors Corp. is telling workers that it will make further production cuts at several factories, according to people briefed on the discussions.

As the days pass and GM’s money burns away, bankruptcy is a distinct possibility.

But what, exactly, would a GM bankruptcy mean?

General Motors Corp. put three new models for China on show Tuesday, maneuvering to keep its edge in a market vital to its future as it struggles for survival back home.

General Motors, once the world's mightiest industrial enterprise, is now flirting with bankruptcy. Ford and Chrysler may not be far behind.

"GM and other U.S. automakers ought to be rescued to minimize damage to the economy," writes Samuelson, "but the rescue should require tough conditions."

In recent months, General Motors has been burning through about $3.1 million an hour, or $52,000 — the price of a well-equipped Chevy Tahoe SUV — every minute.

It worked for the airlines, but it might not work for General Motors. Saving the company through bankruptcy is probably not a viable option for the troubled automaker.