GM, Ford and Chrysler proposed the following in return for a federal lifeline.
· Trim product lines: GM may part with Hummer, Saab and Saturn brands. Ford may put Volvo up for sale.
· Give up corporate aircraft at GM and Ford.
· Suspend dividends.
· Limit executive pay: CEOs would collect no more than $1 a year in salary.
· Shift vehicle offerings to include more hybrids and other fuel-efficient technologies.