BAD GM: shedding 21,000 more jobs, severing its relationship with 2,600 dealers

But there is GOOD News: The government's new road map for General Motors would briefly send it into bankruptcy, erase most of its debt and eventually have it emerge leaner and stronger - and almost three-quarters owned by the taxpayers...

GM to Build More Cars Overseas

The U.S. government is pouring billions into General Motors in hopes of reviving the domestic economy, but when the automaker completes its restructuring plan, many of the company's new jobs will be filled by workers overseas.

www.washingtonpost.com

What the collapse of the domestic auto industry would mean to the United States.

What the collapse of the domestic auto industry would mean to the United States.