LIVE: GM’s CEO Whitacre holding press conference later this morning

General Motors has just announced that its Chairman and CEO Edward Whitacre will host a press conference later this morning at 11:30 a.m. (EST). The short press release said that Whitacre will “provide updates on GM business activities.”

We’re guessing one of those updates includes the progress on Saab’s sale to Spyker.

Update: A source has told Associated Press that Whitacre, 68, will become permanent CEO of GM. The announcement will be made during the press conference later today. – MSNBC

You can watch the press conference live after the jump starting at 11:30 a.m. (EST).

– By: Omar Rana