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  2. General Motors Chapter 11 reorganization - Wikipedia

    en.wikipedia.org/wiki/General_Motors_Chapter_11...

    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 ...

  3. GM to offer $7,500 discount on EVs that don't qualify for tax ...

    www.aol.com/gm-offer-7-500-discount-140524120.html

    Some GM and Ford EVs will lose the $7,500 federal tax credit this year, but GM is taking steps to make sure it's only temporary. GM to offer $7,500 discount on EVs that don't qualify for tax ...

  4. Electronic Data Systems - Wikipedia

    en.wikipedia.org/wiki/Electronic_Data_Systems

    Hewlett-Packard (2008–2009) Website. www .eds .com. Electronic Data Systems ( EDS) was an American multinational information technology equipment and services company headquartered in Plano, Texas, which was founded in 1962 by Ross Perot. The company was a subsidiary of General Motors from 1984 until it was spun off in 1996.

  5. 2008–2010 automotive industry crisis - Wikipedia

    en.wikipedia.org/wiki/2008–2010_automotive...

    The 2007–2008 financial crisis played a role, as GM was unable to obtain credit to buy Chrysler. [citation needed] Sales fell further as consumer credit tightened and it became much harder for people with average or poor credit to obtain a bank loan to buy a car. During 2007, nearly 2 million new U.S. cars were purchased with funds from home ...

  6. California pilot program turns GM's EVs into roving ... - AOL

    www.aol.com/news/gm-partners-with-californias...

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  7. Here is when to expect GM's $50,000 buyout program for union ...

    www.aol.com/expect-gms-50-000-buyout-221416269.html

    The Detroit Free Press has learned more details on when GM and the UAW will start the first phase of the $50,000 retirement buyout program. Here is when to expect GM's $50,000 buyout program for ...

  8. Effects of the 2008–2010 automotive industry crisis on the ...

    en.wikipedia.org/wiki/Effects_of_the_2008–2010...

    General Motors bankruptcy. Only days after approaching the U.S. Government to seek further funding, General Motors published its losses for the final quarter of 2008 to be at $9.6 billion (£6.7 billion). This brought its overall 2008 losses to $30.9 billion. In 2007, General Motors made a loss of $38.7 billion.

  9. General Motors EV1 - Wikipedia

    en.wikipedia.org/wiki/General_Motors_EV1

    50.5 in (1,280 mm) [ 1] Curb weight. 3,086 lb (1,400 kg) with lead–acid batteries. 2,908 lb (1,319 kg) with NiMH batteries. The General Motors EV1 is a battery electric car produced by the American automaker General Motors from 1996 until its demise in 1999. A subcompact car, the EV1 marked the introduction of mass produced and purpose-built ...