GM Announcement: Jobs and Dealers Cut; Pontiac Eliminated

General Motors (GM) has announced it'll cut thousands of jobs, close thousands of dealers, and eliminate the Pontiac brand over the coming months. The GM announcement came during a press conference Monday. The GM Announcement GM's announcement indicates up ... continue

GM Viability Plan: 47,000 jobs to go, Saab, Hummer and Saturn for sale, may close

General Motors (GM) will slash 47,000 jobs and attempt to sell off prime brands as part of a viability plan submitted to the US Government. GM was required to submit the viability plan as a condition of receiving ... continue