GM's CEO to resign
Published:Monday | March 30, 2009 | 9:49 AM
The chief executive of struggling US car company General Motors - Rick Wagoner - has agreed to step down.
A US government official has confirmed that he will leave his post immediately at the request of the White House.
The news comes as President Barack Obama prepares to announce plans to help GM and fellow car giant, Chrysler.
The two firms have already received $17.4 billion in bail-outs.
Chrysler has requested a further $5 billion, while GM says it needs just under $17 billion more.