Following seven months of living off a government lifeline, General Motors Corp. finds itself driven to a Chapter 11 filing today in New York. The move comes after the auto maker achieves many – but not all – of the government-mandated restructuring requirements meted out 60 days ago that would have kept GM out of bankruptcy court. Over the past two months, the company has netted tough, concessionary contracts from the United Auto Workers and Canadian Auto Workers unions designed to put ...
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