NEW YORK, July 2 (UPI) -- A lawyer for General Motors Corp. told U.S. Bankruptcy Judge Robert Gerber a quick sale of the automaker is needed to preserve the "fragile" company.
In the two-day hearing on the sale of GM's viable assets, Harry Wilson, of the Obama administration's automotive task force, told Gerber the government intends to stick with a July 10 deadline for GM to sell its best assets.