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General Motors - Page 3

I have a feeling that something needs to be done to keep on of the big three auto makers from going under. If nothing is done that is going to cause a big hit on the economy.

Motors General

GM chairman forced out by Obama

The chief executive and chairman of troubled US carmaker General Motors will step down at once, at the request of Barack Obama. Ref. Source 1

General Motors Reviews Consumer & Travel Family Culture

That is very interesting. The president now can force a CEO out of a job? I knew that the government getting into the big bailout was getting too powerful. This shows that the president can force CEO out of jobs now. When did our nation become a dictatorship?

Page 3 Motors General

GM stock hit by bankruptcy report

Shares in US carmaker General Motors fall sharply after reports that the US government wants it to start bankruptcy proceedings. Ref. Source 3

Motors General

This has needed to happen a long time ago. I hope that after filing for bankruptcy that they can become a much better car company.

General Motors

GM is now telling money that it will stop production of the pontiac chain as part of it going in bankruptcy/restructuring.

General Motors - Page 3

Contracts End

GM says it is notifying 1,100 dealers that it will end their contracts with the automaker. Ref. CNN

General Motors Culture Family Travel & Consumer Reviews - Page 3

I am wondering how hard that is going to hit my area. I am hoping that only one dealer is closed in my area.