GM doesn't rule out more restructuring

General Motors Corp. said it can't rule out the need for more restructuring if the economic crisis worsens and said it was vital that U.S. lawmakers pass a financial bailout to shore up confidence in the economy.
"We'll take the actions that are necessary," Fritz Henderson, the automaker's chief operating officer, told The Associated Press in an interview at the Paris Motor Show on Thursday.
"If the situation deteriorates further, we'll have to look at further actions, but we don't have anything planned today," he said.

GM, once the largest U.S. employer, marked its 100th anniversary last month facing an unprecedented crisis in its storied history as the slumping U.S. auto market has forced GM to close factories and shed workers.

http://www.forbes.com/feeds/ap/2008/10/02/ap5502177.html