Fri, Jul 10th, 2009
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General Motors exited bankruptcy protection early Friday after completing afaster-than-expected stint in court to revamp its operations and obligations,pledging to "get back to the business of building great cars and trucks" andbetter serving customers. Chief Executive Fritz Henderson also unveiled asweeping management revamp, cutting GM's decision-making team in half, andpledged to repay loans from the U.S. government "much sooner" than 2015.
Related stories from top sites:
Former GM boss gets $8.6m pension
Jul 10th, 2009 - BBC NEWS
Mr Wagoner would have got a larger pension if he had left last year Former General Motors (GM) boss Rick Wagoner will officially retire in August with a pension worth $8.
CEO vows better performance as GM exits bankruptcy
Jul 10th, 2009 - guardian.co.uk
Associated Press Writers= DETROIT (AP) รข?" 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...
GM emerges from bankruptcy protection
Jul 10th, 2009 - XinHua
CHICAGO, July 10 (Xinhua) -- General Motors, the biggest U.S. automaker, has exited bankruptcy protection with reduced debts of 48 billion U.S. dollars in 41 days, far quicker than expected.
General Motors exits bankruptcy
Jul 10th, 2009 - bizjournals
General Motors Corp. emerged from bankruptcy Friday as a new company with a changed corporate structure, stronger financials and a stated intention to repay government loans as soon as possible. The new company has $11 billion in U.S...
The Daily Docket: GM Motors Out Of Bankruptcy
Jul 10th, 2009 - Wall Street Journal
According to The Wall Street Journal, media reports say that the new General Motors Corp. emerged from bankruptcy protection after only 40 days in Chapter 11. GM's ousted chief executive...




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