Detroit Free Press, Detroit News Cover Today’s Auto News

By March 30, 2009Economy, Labor Unions

The Detroit Free Press covers the White House’s instructions to General Motors and Chrylser, including the forced departure of GM’s CEO, Rick Wagoner.

U.S. shreds auto plans

Obama gives Chrysler 30 days to join Fiat, forces Wagoner out at GM

President Barack Obama will give General Motors 60 days to craft a new survival plan without Chairman and Chief Executive Rick Wagoner, and set a 30-day deadline for Chrysler to either partner with Fiat SpA or shut down.

Granholm: Wagoner ‘sacrificial lamb’

WASHINGTON — Gov. Jennifer Granholm says Rick Wagoner, the General Motors chairman and CEO forced out of his job in the Obama administration’s final effort to revive the ailing U.S. auto industry, is a “sacrificial lamb.”


Detroit News:

Obama forces Wagoner out at GM

Chrysler gets 30 days to complete Fiat deal, GM 60 days to restructure

In a dramatic development on the day before President Barack Obama was to unveil his plan for the auto industry, General Motors Corp. Chairman and CEO Rick Wagoner stepped down after the administration asked him to resign. – 03/30/2009

Leave a Reply