NEW YORK - The judge in the General Motors Corp. bankruptcy case adjourned a three-day hearing without indicating when he will rule on the company’s plan to sell its assets to a new company. (Boston Globe, 12 a.m.)
NEW YORK - Warning that the demise of General Motors Corp. would have a disastrous ripple effect over the entire US economy, a lawyer for the automaker called yesterday for the speedy approval of GM’s plan to sell the bulk of its assets and emerge from court oversight as a new company. (Boston Globe, 7/2/09)
DETROIT - After a yearlong free fall in the American car market, the decline of sales slowed in June, offering hope to automakers that the bottom has been reached and more shoppers may slowly start returning to showrooms soon. (Boston Globe, 7/2/09)
NEW YORK - General Motors CEO Fritz Henderson defended the automaker’s plan yesterday to sell the bulk of its assets to a new company and quickly emerge from bankruptcy protection. (Boston Globe, 6/30/09)
LOS ANGELES - Toyota Motor Corp. may offer to supply a version of its Prius hybrid car to General Motors Corp. , two people familiar with the plan said. (Boston Globe, 6/29/09)