Mon, Jul 6th, 2009
WASHINGTON (Reuters) - General Motors Corp has been given about a third of the bankruptcy financing promised by the U.S. Treasury and will get the remaining $20 billion over the remainder of the year, a senior U.S. official said on Monday.
"We want them to be able to spend the whole day without looking at the bank balance and wondering if their check is going to clear," said Steve Rattner, the former investment banker who heads the Obama administration's autos task force.
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CEO vows better performance as GM exits bankruptcy
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Associated Press Writers= DETROIT (AP) â?" General Motors completed an unusually quick exit from bankruptcy protection on Friday with ambitions of making money and building cars people are eager to buy...
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The 100-year-old General Motors Corp. was reborn Friday as General Motors Co. after a historic rush through bankruptcy that lasted only 40 days. The speed surprised even GM executives...
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July 3 (Bloomberg) -- General Motors Corp.’s battle withcreditors over its reorganization neared an end yesterday,leaving it up to a bankruptcy judge to decide the fate...
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NEW YORK (Reuters) - General Motors Corp (GMGMQ.PK) is heading to bankruptcy court on Tuesday to seek approval to sell its assets to a "New GM" in a plan to reinvigorate the automaker under U.S...
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