Showing posts with label auto bailout. Show all posts
Showing posts with label auto bailout. Show all posts

Workers Fear Future After GM Shutters Pontiac

The shutdown of the Pontiac line throws the jobs of 2,500 workers who make Pontiac's most popular model into jeopardy. AP reporter Jason Bronis has more from the town that lent its name to the venerable automobile.

GM Workers Face Layoffs, Uncertain Future

General Motors Corp. presented a survival plan that calls for cutting 47,000 jobs globally and closing five more U.S. factories. That would make it the largest work force reduction by a U.S. company in the economic meltdown.

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