Economy Mar 30 GM CEO Ousted as Obama Details Auto Plan After months of dire sales predictions and billions loaned in government aid, President Barack Obama laid out a series of tough terms for ailing U.S. automakers, including the ouster of General Motors CEO Rick Wagoner. By Admin, PBS News Hour
Economy Feb 26 Seeking More Aid, GM Posts Massive 2008 Losses General Motors Corp. announced Thursday that it lost nearly $31 billion in 2008, saying its auditors were likely to cast doubt on its viability as it seeks more federal aid to stay afloat. By PBS News Hour
Economy Nov 19 Watch GM CEO Defends Auto Industry’s Bid for Government Aid Auto industry executives testified before Congress Wednesday, asking lawmakers to provide aid to the struggling companies and responding to criticisms of poor management. General Motors' CEO Rick Wagoner discusses the industry's crisis and his company's case for government help.
Nation Jun 25 Watch As Oil Prices Rise, Carmakers Look to Electric Future Rising oil prices and improvements in battery technology are fueling new interest in developing electric cars. Spencer Michels reports on how industry giants and start-up car companies alike plan to release new vehicles by 2010.
Feb 12 GM Reports Record Loss, Offers Round of Buyouts By Admin, PBS News Hour In an effort to stave off record losses, General Motors Corp. announced Tuesday it was offering a new round of buyouts to all 74,000 of its U.S. hourly workers represented by the United Auto Workers. Continue reading