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  2. General Motors Chapter 11 reorganization - Wikipedia

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

    The General Motors Corporation (old GM) in turn changed its name to "Motors Liquidation Company" and it continued in bankruptcy proceedings to settle with its bondholders, and on other liabilities. The new GM company, after the purchase of most of the assets of "old GM" is not a participant in the continuing bankruptcy proceedings of Motors ...

  3. Motors Liquidation Company - Wikipedia

    en.wikipedia.org/wiki/Motors_Liquidation_Company

    June 19, 2009: Deadline for filing all objections to the sale of General Motors. June 22, 2009: Deadline for making competing bids in the auction of General Motors' assets. June 25, 2009: Final hearing on the bankruptcy loan. July 10, 2009: Deadline for completion of the sale, requested by the U.S. Treasury and General Motors. [9] [10]

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

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

    On February 18, 2009, General Motors and Chrysler again approached the U.S. government, in regard to obtaining a second bridging loan of $21.6 billion (£15.2 billion). $16.6 billion of this would go to General Motors, while Chrysler would take $5 billion. General Motors agreed to shed 47,000 jobs, close five plants, and axe 12 car models.

  5. GM’s moonshot bet on self-driving cars sours as ... - AOL

    www.aol.com/finance/gm-moonshot-bet-self-driving...

    The GM subsidiary has been in non-stop crisis mode ever since a fateful accident at the start of October. GM’s moonshot bet on self-driving cars sours as Cruise axes a quarter of its workforce ...

  6. UAW President Shawn Fain urges GM members to ratify tentative ...

    www.aol.com/uaw-president-shawn-fain-urges...

    The strikers at four of GM's assembly plants and 18 parts distribution centers across the country are returning to work through the ratification process.. Higher new car prices. Fain ended the ...

  7. Presidential Task Force on the Auto Industry - Wikipedia

    en.wikipedia.org/wiki/Presidential_Task_Force_on...

    According to an April 2014 report of the Special Inspector General of the Troubled Asset Relief Program, the U.S. government had lost $11.2 billion (~$14.2 billion in 2023) in its rescue of General Motors. The U.S. government spent $50 billion to bail out GM, meaning it recovered 77.6 percent of its investment amount. [7]

  8. Why GM's bankruptcy matters - AOL

    www.aol.com/news/2009-05-30-why-gms-bankruptcy...

    That's the latest chapter in a story which ends on Monday with the nearly guaranteed bankruptcy of General Motors (GM). In a loss to Italy's Fiat, a Why GM's bankruptcy matters

  9. 2023 United Auto Workers strike - Wikipedia

    en.wikipedia.org/wiki/2023_United_Auto_Workers...

    The labor union United Auto Workers (UAW) represents approximately 145,000 automobile workers employed at Ford Motor Company, General Motors, and Stellantis. [14] To achieve its goals, UAW has engaged in strike action; from November 1945 to March 1946, UAW went on strike against General Motors.