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General Motors Chapter 11 reorganization. The 2009 General Motors Chapter 11 sale of the assets of automobile manufacturer General Motors and some of its subsidiaries was implemented through Chapter 11, Title 11, United States Code in the United States bankruptcy court for the Southern District of New York. The United States government-endorsed ...
GM offered buyouts to all its UAW members. On March 24, 2008, GM reported a cash position of $24 billion, or $6 billion less than what was on hand September 31, 2007, [dubious – discuss] which is a loss of $1 billion a month. [45] A further quarterly loss of $15.5 billion, the third-biggest in the company's history, was announced on August 1 ...
2015–2019 Opel Karl. 2015–2019 Vauxhall Viva. 2016–2022 Chevrolet Spark. 2016 – 2018 Holden Spark. 2019–2022 VinFast Fadil *. 2021–present Chevrolet Trax. The successor to the Gamma II platform, in accordance with GM's renaming of most of their platforms in "_ _ XX" format circa 2015.[ 8] 2017 Chevrolet Sonic. Gamma II.
GM CEO Dan Akerson announced the new plan at the company's annual meeting on Thursday. Photo credit: General Motors Co. At General Motors' annual shareholders' meeting on Thursday, CEO Dan Akerson ...
GM plans to launch predominately fuel-efficient cars and crossovers over the next four years, investing $2.9 billion in fuel-efficient technologies and alternative fuels during that time period. By 2012, GM will offer 15 hybrid models, and more than half of its fleet will be flex-fuel vehicles, able to run on either gasoline or ethanol-rich E85 ...
GM's Winter said the Chevrolet Silverado EV work truck is a fleet purchase that still qualifies for the commercial tax credit. The retail version of the Silverado EV should be available later this ...
The news that GM and the UAW International leaders agreed to 2% at each of GM's U.S. plants in this first phase of the program has left some members and local union leaders frustrated over the low ...