Somerset, Pa. (AP) There was no corporate jet this time as the head of the nation's largest automaker took what could be the most important trip of his life.
GM's Rick Wagoner even did some of the driving as he traveled 500 miles by car to Washington to again ask congress to save his slumping company.
Wagoner will be back in the spotlight today and tomorrow along with fellow CEO’s Alan Mulally of Ford and Robert Nardelli of Chrysler. They'll appeal for financial aid totaling up to $34 billion and Wagoner's plea could be the most desperate.
GM's recovery plan calls for $18 billion in loans. It warns that without $4 billion immediately, the 100-year-old icon might be out of business.
All three CEO’s drove in high-mileage hybrid vehicles after their trips two weeks ago became a public relations disaster when they came in separate corporate jets.