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

Obama forces out GM chairman

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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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