NEW YORK - General Motors Corp. may have to wait out the long holiday weekend to learn if its bankruptcy plan is moving forward, after U.S. Judge Robert Gerber adjourned a three-day hearing without indicating when he will rule on GM's plan to sell its good assets to a new company.
Jul. 2--The White House turned up the heat in the General Motors bankruptcy case Wednesday, saying the government will not provide further funds to support GM's reorganization beyond July 10.
DETROIT - U.S. sales at Ford and Chrysler last month offered sharply different views on the downtrodden U.S. market for cars and trucks, while General Motors Corp. held its own even though it entered bankruptcy protection.
Jul. 2--For the first time in 25 years of making cars in the United States, Toyota faces the prospect of closing a plant or letting a brand new plant sit idle indefinitely.
Jul. 2--While German automakers crank up diesel sales in the United States, American and Japanese companies have postponed plans for the fuel-efficient engines.
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