If General Motors Corp. were forced into Chapter 11 bankruptcy protection, the company would end up being liquidated because a long bankruptcy would scare customers away, CEO Rick Wagoner said Tuesday. ...more

March 17, 2009

General Motors Corp.'s chief financial officer says the company will not need the $2 billion loan installment for March that it requested from the U.S. government in February. ...more

March 12, 2009

Investors fled Wall Street again Thursday, driven by worries about the stability of the nation's big banks and General Motors Corp. ...more

March 6, 2009

General Motors Corp.'s auditors have raised "substantial doubt" about the troubled automaker's ability to continue operations, and the company said it may have to seek bankruptcy protection if it can't execute a huge restructuring plan. ...more

March 5, 2009

WASHINGTON (AP) - The leaders of President Barack Obama's auto industry task force said Friday the industry urgently needs an overhaul. ...more

February 22, 2009

General Motors Corp.'s Swedish-based subsidiary Saab went into court protection from creditors Friday so the unit can be spun off or sold by its struggling U.S. parent, officials said. ...more

February 21, 2009

The United Auto Workers' deal with Detroit's three automakers limits overtime, changes work rules, cuts lump-sum cash bonuses and gets rid of cost-of-living pay raises to help reduce the companies' labor costs, people briefed on the agreement said Wednesday. ...more

February 18, 2009

Racing to reverse the country's economic spiral, President Barack Obama signed the mammoth stimulus package into law Tuesday and readied a new $50 billion foreclosure rescue for legions of Americans who are in danger of losing their homes. ...more

February 17, 2009

Five Guys Eyes South Tampa Five Guys Famous Burgers and Fries has signed a lease to put a new restaurant inside Sunshine Plaza, 4304 S. Dale Mabry Highway, now wholly occupied by Sunshine Thrift store. A real estate Web site also indicates a Verizon store is coming to Sunshine Plaza. ...more

February 11, 2009

General Motors Corp. will offer buyouts to all of its hourly employees, a spokesman confirmed Tuesday, as the troubled automaker continues to slash costs. ...more

February 3, 2009