Page last updated at 08:59 GMT, Monday, 30 March 2009 09:59 UK

Obama forces out GM chairman

The chief executive and chairman of troubled US carmaker General Motors will step down at once, at the request of Barack Obama.

Rick Wagoner will leave immediately, a government official confirmed.

Mr Obama is preparing to outline terms for offering more help to GM and fellow car giant Chrysler.

Richard Lister reports.

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