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On May 27, 2009, the U.S. Treasury advanced a secured loan of US$360.6 million to GM, and GM issued a note to the Treasury for US$360.6 million, plus $24.1 million USD as additional compensation for the warranty advance, pursuant to the terms of the Warranty Agreement dated December 31, 2008, between GM and the U.S. Treasury. The loan funded a ...
General Motors Financial Company, Inc. is the financial services arm of General Motors. The company is a global provider of auto finance, with operations in the United States, Latin America, Canada, Europe (which was sold to PSA Groupe and BNP Paribas following the sale of GM's core area businesses Opel and Vauxhall in a $2.2 billion deal), and ...
Pan Asia Technical Automotive Center (50%) Website. gm.com. General Motors Company ( GM) [ 2] is an American multinational automotive manufacturing company headquartered in Detroit, Michigan, United States. [ 3] The company is most known for owning and manufacturing four automobile brands: Chevrolet, GMC, Cadillac, and Buick.
The news is welcomed by UAW members. As the Free Press reported last month, some union members were growing impatient with holding off on retirement to find out when GM would open up the bonus ...
The UAW’s contracts with GM, Stellantis and Ford all end at 11:59 pm on September 14, and the union has said it will not extend the contracts and stay on the job if tentative labor ageeements ...
General Motors Co and the United Auto Workers union were near a deal on Tuesday to end a 30-day strike that has cost the automaker about $2 billion after Chief Executive Mary Barra and President ...
Ally Financial Inc. (previously known as GMAC) is a bank holding company organized in Delaware and headquartered at Ally Detroit Center in Detroit, Michigan.The company provides financial services including car finance, online banking via a direct bank, corporate lending, vehicle insurance, mortgage loans, and other related financing services such as installment sale and lease agreements.