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GM files for bankruptcy protection

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Posted: Sunday, May 31, 2009 9:51 pm | Updated: 12:42 am, Sat Oct 8, 2011.

GM files for bankruptcy protection Tribune East Valley Tribune | 0 comments

WASHINGTON -- General Motors filed for Chapter 11 bankruptcy protection Monday as part of the Obama administration's plan to shrink the automaker to a sustainable size and give a majority ownership stake to the federal government.

RELATED: General Motors to close or idle 12 more plants
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Posted in on Sunday, May 31, 2009 9:51 pm. Updated: 12:42 am.

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