Sunday, March 29, 2009

GM's Wagoner to Step Down; Obama To Give GM 2 Months

more at SFgate.com GM's CEO Rick Wagoner is reported to step down effective this week, as President Barack Obama -- according to sources -- is giving GM just two months to get its' act together and restructure.

One of the ways GM's reported to do this is the Chevy Volt, the electric car. But other than the Volt, there's no "wow" car GM can point to signaling a turn-around in their direction.

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