Wagoner: GM has no plans to drop any brands

General Motors has no plans to drop any car brands from its stable, CEO Rick Wagoner told shareholders today. The statement came after a question from an investor about whether investor and board member Jerry York had come to an agreement with GM's leadership over the future of GM's brands, reports Reuters. York put forward the idea of selling Saab and Hummer in January. Later, GM's Bob Lutz and Mark LaNeve said those brands would not be sold or killed off.