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What does GM's bankruptcy mean for me?

General Motors filed the largest bankruptcy of any industrial company in US history this Monday, and alongside it, unveiled plans to close more dealerships, factories, and support services across the nation.

Ford U.S. sales strongest since July

Ford Motor Co said on Tuesday that U.S. sales fell 24.2 percent in May for all of its brands as the only U.S. automaker not in bankruptcy reported its strongest domestic sales month since July 2008.

US Senate set to consider plan to boost auto sales

The U.S. Senate could vote as early as Tuesday on a proposal to spur auto sales by underwriting some of the cost to consumers of buying fuel-efficient cars.

Chinese firm buying GM’s Hummer brand: reports

A Chinese industrial machinery company has reached a preliminary agreement with General Motors Corp. to buy the American car maker’s Hummer automobile brand, according to reports.

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GM sees healthy cash balance for new company

General Motors Corp expects to have a 'very healthy' cash balance when it emerges from bankruptcy court protection in the next 60 to 90 days as a leaner company, its chief financial officer said on Tuesday.

GM in deal to sell Hummer, but won't say to whom

General Motors Corp said it had reached a preliminary deal to sell its Hummer brand, part of its effort to shed half of its eight U.S. lines and leave bankruptcy court protection as a leaner company.

GM

General Motors Corp is about to open the door on the biggest garage sale in U.S. industrial history.

GM yard sale to take time, yield little

General Motors Corp is about to open the door on the biggest garage sale in U.S. industrial history.

GM to sell Hummer in push to keep only strongest brands

General Motors Corp said Tuesday it has found a buyer for its off-road brand Hummer just a day after it filed for bankruptcy protection as it seeks to quickly exit the court supervised process and emerge with less debt and only its strongest brands, Chevy, Cadillac, GMC and Buick.

GM workers face uncertain future in hard times

At 8:15 a.m. ET on Monday, a General Motors executive gave hourly workers at its assembly plant here the news they feared most: the plant would close by October, robbing most of them of their jobs.

GM files for bankruptcy, urges quick action

General Motors Corp filed for bankruptcy on Monday as the Obama administration took the first steps to try to revive a failed icon of American industry by extending unprecedented federal funding and oversight.

GM reaches deal to sell Hummer

General Motors said on Tuesday that it had entered into a memorandum of understanding to sell its Hummer brand, but didn't name the buyer or say how much money it would get for the all-SUV line.

GM reaches deal to sell Hummer brand

General Motors said on Tuesday that it had entered into a memorandum of understanding to sell its Hummer brand, but didn't name the buyer or say how much money it would get for the all-SUV line.

Dow gets shake-up as GM, Citi kicked out of average

General Motors and Citigroup were kicked out of the closely watched Dow Jones industrial average on Monday, marking a historic fall from grace for two once venerable American corporations.

GM files for bankruptcy

General Motors filed for bankruptcy on Monday as the Obama administration took the first steps to try to revive a failed icon of American industry by extending unprecedented federal funding and oversight.

GM files for bankruptcy, asks for quick action

General Motors Corp filed for bankruptcy on Monday, as the Obama administration took the first steps in court to try to revive a failed icon of American industry by extended unprecedented funding and oversight.

Gov. has 'no interest' in running GM

President Obama said on Monday that the U.S. government has no interest in running General Motors although tax-payers will own a majority of the strugling company after it emerges from bankruptcy.

Wall Street jumps on recovery bets and GM; AmEx off late

U.S. stocks rose on Monday, sending the S&P 500 to its highest close in seven months, as reassuring economic data reinforced hopes that demand will stabilize, while General Motors' long-expected bankruptcy filing ended uncertainty about the automaker's fate.

Wall Street soars on economic optimism, GM relief

Delphi in deal to emerge from bankruptcy

Delphi Corp said on Monday it has reached a deal to sell most of its global operations to private equity firm Platinum Equity, allowing the car parts supplier to emerge from Chapter 11 bankruptcy protection.

Wall Street advances on economic hopes, GM relief

U.S. stocks rose on Monday, sending the S&P 500 to a seven-month high, as reassuring economic data reinforced hopes of economic stabilization, while General Motor's long-expected bankruptcy petition lifted uncertainty about the automaker's fate.

GM leaders enter bankruptcy with hope and regret

The Interim Chairman of General Motors Corp Kent Krasa joined Chief Executive Officer Fritz Henderson today in stating his hope for a stronger, leaner company to emerge from the bankruptcy process which the company entered today but the chairman also added a note of regret in announcing the decision.