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In other words, a company called "NGMCO Inc.", financed by the U.S. Treasury, [13] Canada, and a labor union, purchased the desirable assets of "old GM" via the bankruptcy process, [60] thus renaming it to "General Motors Company" and forming a "new GM".
Templates relating to General Motors. This category lists the automobile/car and truck timeline templates of the current brands of General Motors (Buick, Cadillac, Chevrolet, GMC, Holden, Opel, and Vauxhall) and retired brands (GM Daewoo, Hummer, Oldsmobile, Pontiac, and Saturn).
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]
GM will begin to run ads for its new "May the Best Car Win" program. Buyers can take a new GM car off the lot and drive it for up to 60 days. If they don't like it, they can return the car without ...
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Autoworkers laid off from a General Motors plant in Orion Township, Mich., have until the end of the day Tuesday to decide whether to take jobs at the automaker's Lordstown assembly plant, some ...
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.
No one caught that 60-cent mistake until Munoz submitted the $18,651 claim to Safe-Guard, his gap insurance company, which he says denied payment over the discrepancy in the paperwork.