Fritz Henderson, right, chief executive of General Motors, at a press conference at GM world headquarters in Detroit on Monday, April 27, 2009. GM said on Monday that it needed $11.6 billion more in government loans and that it planned to file for bankruptcy protection if a debt exchange with its bondholders was unsuccessful. GM also said that, by 2010, it would phase out its Pontiac brand, eliminate 42 percent of its dealers, close 13 plants and cut 21,000 hourly jobs as part of its revised restructuring plan. (Fabrizio Costantini/The New York Times)