Companies

Jun 1: GM files for Chapter 11 protection

General Motors filed for Chapter 11 bankruptcy protection in New York on Monday, but immediately sought to reassure customers, suppliers and others that it would emerge quickly as a stronger, more competitive company. John Reed, motor industry correspondent, explains to Richard Edgar how the car maker, the largest in the world not so long ago, is expecting to emerge from the process in two to three months and what the risks are. Produced by Gregory Bobillot.