News

Outlook Congratulations to Mary Barra, who has become the first female boss of a big US car maker by taking over General Motors just as it stopped being unofficially known as Government Motors.

Jeremy Warner: Even the boss is sceptical about GM's rescue plan

Outlook: If bondholders think they are getting a raw deal, what about existing equity holders?

General Motors debt deal to give government majority stake

Bankruptcy seen as likely if bondholders block plan

Fiat linked to deal to buy Vauxhall and Opel

Sources close to GM were last night downplaying claims from a German state minister that Fiat is in the running to buy the beleaguered US car giant's European business.

General Motors warns of 'substantial doubt' over its future

General Motors, the hobbled car manufacturer, reminded the world yesterday that it is still unable to say with certainty that it will be able to avoid bankruptcy protection, declaring in an annual filing with the US government that there remained "substantial doubt" about its viability going forward.

GM Europe to go bankrupt within weeks without aid

Fresh from its ultimatum over the future of its Swedish Saab brand, GM warned yesterday that its entire European operations could run out of money within weeks without state help.

General Motors fights for survival as it posts $31bn loss for 2008

General Motors lost $30.9bn (£22bn) in 2008 as it careered towards the edge of bankruptcy, and it is still tussling with its auditors about whether it can be labelled a "going concern".

Saab board meets amid reports of reorganisation

The board of General Motors' Saab met today, a union representative said, amid reports the Swedish carmaker was set to file for protection from creditors

GM calls for state aid in Europe and wants buyers for Vauxhall and Opel

GM, the American motor giant, is considering selling its European brands including Vauxhall in the UK and Opel in Germany to try to extricate itself from its financial problems.

General Motors to cut 47,000 jobs worldwide

General Motors, presenting a dire outlook for the future, said yesterday it may need £21.1 billion ($30bn) in total government financing to weather the economic downturn and would cut 47,000 jobs worldwide and shut five more US factories in a massive restructuring plan.

Fate of GM and Chrysler in the balance as deadline for loan restructuring looms

Bondholders with the fate of General Motors in their hands are playing a game of brinkmanship with Barack Obama ahead of a restructuring deadline this week.

World markets take heart from GMAC's $6bn bailout

Treasury support means it is now 'highly unlikely' GM's auto arm will be liquidated

General Motors receives $5bn bailout

The US Treasury Department said that it will provide $5 billion to GMAC Financial Services LLC, the ailing financing arm of General Motors, in a move that's expected to stave off a bankruptcy protection filing at the company but also severely limit GM's control over it.

Bush hands car-makers a $17bn lifeline

George Bush handed a $17.4bn (£11.6bn) lifeline to the US car industry yesterday. The President justified the move to provide emergency loans to car-makers by saying that the US economy could not withstand the bankruptcy of General Motors, Ford or Chrysler.

US car bailout deal 'very likely'

A deal with the US Congress to help America's failing car industry will "very likely" be reached, the White House said today.

US car makers get frosty reception in bailout plea

The bosses of the big three US carmakers were lambasted for flying on corporate jets as they came to Washington to plead for money to stave off their companies' bankruptcy.

Sport
sportWWE latest including Sting vs Triple H, Brock Lesnar vs Roman Reigns and The Undertaker vs Bray Wyatt
Arts and Entertainment
Louis Theroux: By Reason of Insanity takes him behind the bars again
tvBy Reason of Insanity, TV review
Arts and Entertainment
Cassetteboy's latest video is called Emperor's New Clothes rap
videoThe political parody genius duo strike again with new video
Arts and Entertainment
tvPoldark, TV review
News
Lois Pryce... Life Without a Postcode. Lois lives on a boat with her husband.. Registering to vote in the election has prooved to be very difficult without a fixed residential post code. (David Sandison)
newsHow living on a houseboat meant I didn't officially 'exist'
News
i100
Sport
Steven Fletcher scores the second goal for Scotland
footballBut they have to bounce back to beat Gibraltar in Euro 2016 qualifier
Arts and Entertainment
Chris Evans is the favourite to replace Jeremy Clarkson on Top Gear
TV
News
Boyband star Brian Harvey is on benefits and on the verge of homelessness
people
News
news
Latest stories from i100
Career Services

Day In a Page

Independent Travel
Pompeii, Capri & the Bay of Naples
Seven Cities of Italy
Burgundy, the River Rhone & Provence
Prague, Budapest and Vienna
Lake Garda
3.	Provence 6 nights B&B by train from £599pp
Prices correct as of 12 March 2015
Election 2015: How many of the Government's coalition agreement promises have been kept?

Promises, promises

But how many coalition agreement pledges have been kept?
The Gaza fisherman who built his own reef - and was shot dead there by an Israeli gunboat

The death of a Gaza fisherman

He built his own reef, and was fatally shot there by an Israeli gunboat
Saudi Arabia's airstrikes in Yemen are fuelling the Gulf's fire

Saudi airstrikes are fuelling the Gulf's fire

Arab intervention in Yemen risks entrenching Sunni-Shia divide and handing a victory to Isis, says Patrick Cockburn
Zayn Malik's departure from One Direction shows the perils of fame in the age of social media

The only direction Zayn could go

We wince at the anguish of One Direction's fans, but Malik's departure shows the perils of fame in the age of social media
Young Magician of the Year 2015: Meet the schoolgirl from Newcastle who has her heart set on being the competition's first female winner

Spells like teen spirit

A 16-year-old from Newcastle has set her heart on being the first female to win Young Magician of the Year. Jonathan Owen meets her
Jonathan Anderson: If fashion is a cycle, this young man knows just how to ride it

If fashion is a cycle, this young man knows just how to ride it

British designer Jonathan Anderson is putting his stamp on venerable house Loewe
Number plates scheme could provide a licence to offend in the land of the free

Licence to offend in the land of the free

Cash-strapped states have hit on a way of making money out of drivers that may be in collision with the First Amendment, says Rupert Cornwell
From farm to fork: Meet the Cornish fishermen, vegetable-growers and butchers causing a stir in London's top restaurants

From farm to fork in Cornwall

One man is bringing together Cornwall's most accomplished growers, fishermen and butchers with London's best chefs to put the finest, freshest produce on the plates of some of the country’s best restaurants
Robert Parker interview: The world's top wine critic on tasting 10,000 bottles a year, absurd drinking notes and New World wannabes

Robert Parker interview

The world's top wine critic on tasting 10,000 bottles a year, absurd drinking notes and New World wannabes
Don't believe the stereotype - or should you?

Don't believe the stereotype - or should you?

We exaggerate regional traits and turn them into jokes - and those on the receiving end are in on it too, says DJ Taylor
How to make your own Easter egg: Willie Harcourt-Cooze shares his chocolate recipes

How to make your own Easter egg

Willie Harcourt-Cooze talks about his love affair with 'cacao' - and creates an Easter egg especially for The Independent on Sunday
Bill Granger recipes: Our chef declares barbecue season open with his twist on a tradtional Easter Sunday lamb lunch

Bill Granger's twist on Easter Sunday lunch

Next weekend, our chef plans to return to his Aussie roots by firing up the barbecue
Joe Marler: 'It's the way I think the game should be played'

Joe Marler: 'It's the way I think the game should be played'

The England prop relives the highs and lows of last Saturday's remarkable afternoon of Six Nations rugby
Cricket World Cup 2015: Has the success of the tournament spelt the end for Test matches?

Cricket World Cup 2015

Has the success of the tournament spelt the end for Test matches?
The Last Word: Justin Gatlin knows the price of everything, the value of nothing

Michael Calvin's Last Word

Justin Gatlin knows the price of everything, the value of nothing