WRAPUP 2-GM warns of bankruptcy risk; Chrysler, Fiat meet

Newswire

* GM CEO says automaker could go bankrupt * S&P cuts Fiat to junk status, may cut again * New Ford, GM incentives target recession-wary shoppers By Kevin Krolicki and Soyoung Kim WASHINGTON/DETROIT, March 31 (Reuters) - U.S. automakers moved to jumpstart dreary sales and implement restructuring actions on Tuesday, a day after the Obama administration warned that the government cash spigot could be turned off unless sweeping changes are quickly put into place. As General Motors ...

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