Skip navigation
Newswire

GM has made good progress in restructuring-WHouse

WASHINGTON, May 29 (Reuters) - General Motors Corp has made important progress during its restructuring even if it needs to file for bankruptcy to finish the job, the White House said on Friday.

Presidential spokesman Robert Gibbs also told reporters that the White House was hopeful that a New York bankruptcy judge would soon approve Chrysler's proposed alliance with Italy's Fiat . (Reporting by John Crawley; Editing by Tim Dobbyn)