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The company received $33 billion in debtor-in-possession financing to complete the process. [5] GM filed for Chapter 11 reorganization in the Manhattan New York federal bankruptcy court on June 1, 2009, at approximately 8:00 am EDT. June 1, 2009, was the deadline to supply an acceptable viability plan to the U.S. Treasury.
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.
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 China.
GM bought a 49% stake in Yutivo in 1972 and renamed it GM Philippines. Isuzu invested in the company in 1979 and it was renamed GM Pilipinas, Inc. Assembly of GM vehicles ended in 1985 and GM sold the plant to Isuzu in 1994. Isuzu closed this plant and company in 1995. G: GM Manufacturing Poland Sp. z o.o. Gliwice: Poland: Opel models: 1998: ...
Chicago O'Hare International Airport. / 41.97861°N 87.90472°W / 41.97861; -87.90472. Chicago O'Hare International Airport ( IATA: ORD, ICAO: KORD, FAA LID: ORD) is a major international airport serving Chicago, Illinois, United States, located on the city's Northwest Side, approximately 17 miles (27 km) northwest of the Loop business ...
General Motors (GM) was founded in 1908 by William C. Durant as a holding company for Buick, which had been founded by David Dunbar Buick in 1903 and controlled by Durant since 1904. [4] Durant intended for GM to replicate his business model as a horse-drawn coachbuilder , where he had found success by quickly acquiring outside companies in ...
Founded in 1908 as a holding company in Flint, Michigan, as of 2012 it employed approximately 209,000 people around the world. [ 1] With global headquarters at the Renaissance Center in Detroit, Michigan, United States, General Motors manufactures cars and trucks in 35 countries. In 2008, 8.35 million [ 2] GM cars and trucks were sold globally ...
Buick is one of the oldest automobile brands in the world and is currently the oldest in the United States still active today. Autocar, founded in 1897, is the oldest motor vehicle manufacturer in the western hemisphere; while originally an automobile maker, Autocar now builds heavy trucks. Oldsmobile, also an early automaker founded in 1897 ...