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GM signs up over 95 percent of eligible dealers - Reuters

Reuters
By Mari Saito and John Crawley WASHINGTON (Reuters) - More than 95 percent of eligible dealers at bankrupt General Motors Corp have signed on or verbally agreed to participate in the new company, Chief Executive Fritz Henderson said on Friday.
WISH TV
Wall Street Journal
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Silicon Valley GM dealers hopeful about their future - San Jose Mercury News

San Jose Mercury News,  USA
"As painful as it is, this is purifying," said Mark Balestra, owner of Pearson Buick Pontiac GMC in Sunnyvale, a dealership that has been in business nearly a century. "The GM that emerges is going to be the leanest, and I think the strongest, …

US role at GM to be passive, Obama vows - Los Angeles Times

Los Angeles Times
DAVE CHIDLEY / AP An American flag flies in front of the General Motors headquarters in Detroit on Monday. Defending against sharp criticism from the GOP, Obama says the US won't run the automaker.
New York Times
CNSNews.com
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GM Bankruptcy Clock Ticking Fast - Dollars & Sense

Dollars & Sense
by Dollars and Sense GM appears likely to follow fellow carmaker Chrysler into bankruptcy court. The company lost $6 billion in the first quarter of the year, with no signs that sales will improve.
AdAge.com (subscription)
The Plain Dealer - cleveland.com
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White House questions viability of GM, Chrysler - Washington Post

Washington Post
By PHILIP ELLIOTT AP WASHINGTON — Neither General Motors nor Chrysler submitted acceptable plans to receive more federal bailout money, the Obama administration said as it set the stage for a crisis in Detroit that would dramatically reshape the …
Bloomberg
New York Times
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Obama forces Wagoner out as GM CEO; 31-year career is over - Detroit Free Press

Detroit Free Press
President Barack Obama's rescue plan for Detroit automakers will be unveiled Monday, but one condition became clear today: the resignation of General Motors Corp.
Bloomberg
Reuters
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GM CEO forced out as US readies more auto aid - Reuters

Reuters
By John Crawley and Kevin Krolicki WASHINGTON, March 29 (Reuters) - General Motors Corp (GM.N) Chief Executive Rick Wagoner resigned under pressure from the Obama administration on Sunday as the government prepared to announce a second bailout for the …
Bloomberg
Detroit Free Press
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GM CEO Wagoner to step down: source - Reuters

Reuters
NEW YORK (Reuters) - General Motors Corp Chief Executive Rick Wagoner will resign from the top job at the struggling automaker, a person familiar with the matter said on Sunday, just a day before the US government makes a key announcement on whether it …
New York Times
BBC News
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