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GM Needs a Hand From Unions, Lenders

Automaker scrambles to retrench ahead of Congress' deadline

By Jim O'Neill, Newser User

Posted Nov 24, 2008 9:43 AM CST

(Newser) – General Motors is revving up its efforts to prove to Congress it can survive if it receives a multibillion-dollar federal loan, reports Bloomberg. The automaker is asking unions to ease work rules, attempting to reduce its debt load, and considering cutting brands from its lineup... Read full story »

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GM Needs a Hand From Unions, Lenders

Automaker scrambles to retrench ahead of Congress' deadline

Nancy Pelosi • General Motors • auto industry • Rick Wagoner • financial crisis

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