WASHINGTON (Reuters) - The Obama administration is seeking to ease General Motors Corp into a "controlled" bankruptcy by persuading some creditors to agree to a plan that would divide the company into two pieces, the New York Times reported on Wednesday.
U.s. Plans To Ease Gm Into Bankruptcy: Report
Reuters: Business News, Reuters: Business
Wed, 04/01/2009 - 7:14am
BING NEWS:
- GM Plans to Overhaul Detroit’s Iconic Towers. A Battle Is Brewing With Taxpayers.
General Motors and billionaire developer Daniel Gilbert are planning to overhaul downtown Detroit’s iconic office complex Renaissance Center. The venture’s $1.6 billion plan w ...
12/16/2024 - 9:46 pm | View Link - Big moves show that GM is restructuring on the fly as uncertainty looms in 2025
Partnerships, job cuts, restructuring in China and dumping Cruise's robotaxi fleet signal that GM is hyperfocused on cost controls going into 2025.
12/11/2024 - 9:06 pm | View Link - GM Is Restructuring Cruise. Tesla and Waymo Will Fight It Out for the U.S. Robotaxi Market.
General Motors is restructuring Cruise, its self-driving-taxi company, in what amounts to an exit from the robotaxi business and a refocusing on improving driver- assistance technologies for everyday ...
12/11/2024 - 3:45 am | View Link - More
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