GM said it expects the bankruptcy court process to last 60 to 90 days.
If successful, GM will emerge as a leaner company with a smaller work
force, fewer plants and a trimmed dealership network.

"We're confident that we will move fast," Henderson said. "Not with a
sense of urgency. We're talking about pure unadulterated speed."

GM said Monday that it will permanently close nine more plants and idle
three others.

The Pontiac, Mich., and Wilmington, Del., assembly plants will close
this year, while plants in Spring Hill, Tenn., and Orion, Mich., will
shut down production but remain on standby. One of the idled plants, or
GM's Janesville, Wis., plant that closed in April, will be retooled to
build a small car that GM had originally planned to build in China.

Seven powertrain and parts stamping plants will be closed starting in
June 2010, while an additional stamping plant will be idled but remain
in a standby capacity.

GM will move forward with four core brands - Chevrolet, Cadillac, Buick
and GMC - and cut four others. The company plans to cut 21,000
employees, about 34 percent of its work force, and reduce its 6,100
dealers by 2,600. GM said it was finalizing a deal to sell Hummer, and
plans for Saturn are expected to be announced within weeks.
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