By Rick Pluta / Kevin Lavery, Michigan Public Radio Network
East Lansing, MI – East Lansing, MI (MPRN/WKAR) - A union local leader says President Obama's two-month deadline for General Motors to come up with a new restructuring plan is a lifeline for the company.
Brian Fredline is the president of United Auto Workers Local 602.
The union represents workers at two Lansing-area GM plants.
Fredline says the plants he represents are state-of-the-art and environmentally friendly manufacturing facilities.
East Lansing, MI – East Lansing, MI (MPRN) - Governor Granholm says the two-month deadline extended by President Obama to the Detroit car companies to complete reorg plans signals his faith in their future viability.
The governor says she was pleased to hear there's a strategy to create more demand for US-built cars and trucks.
She says government-backed vehicle warranties will help ensure buyers remain confident even if one or more of the car companies is forced into a managed bankruptcy.
LANSING, Mich. (AP) – LANSING, Mich. (AP) - Seventy-two Michigan lawmakers, including 34 Democrats, are asking Gov. Jennifer Granholm to reconsider an order slowing down the approval of proposed coal-fired electric plants.
Democratic House Speaker Andy Dillon, Republican Minority Leader Kevin Elsenheimer and others say thousands of new construction jobs promised under a 2008 energy law shouldn't be stalled. Granholm says she did NOT issue a moratorium against new coal plants.
A person briefed on the government's efforts to save Chrysler LLC and General Motors Corp. says the Obama administration is likely to require further concessions from the companies and their stakeholders in exchange for more aid.
The requirements could go beyond concessions outlined in the terms of the first government loans given to the automakers by the Bush administration, according to the person, who did not want to be identified because the administration's plans have not been revealed.