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View Full Version : This Day In History - White House ousts GM chief on Mar 29, 2009.



DamonPearl94
03-29-2017, 12:39 PM
White House ousts GM chief - Mar 29, 2009 - HISTORY.com (http://www.history.com/this-day-in-history/white-house-ousts-gm-chief)


On March 29, 2009, Rick Wagoner, the chairman and chief executive of troubled auto giant General Motors (GM), resigns at the request of the Obama administration. During Wagoner’s more than 8 years in the top job at GM, the company lost billions of dollars and in 2008 was surpassed by Japan-based Toyota as the world’s top-selling maker of cars and trucks, a title the American automaker had held since the early 1930s.