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  2. General Motors Chapter 11 reorganization - Wikipedia

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

    Penske had asked GM to extend the time it was to build Saturns until it could reach a deal with the Renault Group for vehicle replacements in 2012, but since that deal fell through Penske cancelled the planned sale. GM has said that the Saturn brand will be phased out by the 2010 model year, and the brand was declared defunct on October 31, 2010.

  3. Motors Liquidation Company - Wikipedia

    en.wikipedia.org/wiki/Motors_Liquidation_Company

    [31] [32] The new GM held an IPO on November 17, 2010, that raised an estimated $20.1 billion. [33] By December 2013, the US government sold the last of its GM stock. [34] By February 2015, the Ontario government sold the last of its 4% stake in GM, [35] and by April 2015, the Canadian federal government sold the last of its own 8% GM stake. [36]

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

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

    GM plans to launch predominately fuel-efficient cars and crossovers over the next four years, investing $2.9 billion in fuel-efficient technologies and alternative fuels during that time period. By 2012, GM will offer 15 hybrid models, and more than half of its fleet will be flex-fuel vehicles, able to run on either gasoline or ethanol-rich E85 ...

  5. GM's Cruise robotaxi exit a result of 'serious problems' from ...

    www.aol.com/finance/gms-cruise-robotaxi-exit...

    GM said it would no longer fund Cruise’s robotaxi development efforts, which it had done so since acquiring the company in March of 2016. Following the reorganization of Cruise, which requires ...

  6. Why GM stock has gotten hit hard on earnings - AOL

    www.aol.com/finance/why-gm-stock-gotten-hit...

    GM repurchased more than $7 billion in stock in 2024 and more than $11 billion in 2023. Repurchases have played a key role in boosting GM's profits by reducing shares outstanding and, by extension ...

  7. America Is Going Broke. Will the Department of Government ...

    www.aol.com/news/america-going-broke-department...

    America is going broke. Silly rich people should fund such frivolous research. Taxpayers shouldn't. But each special interest will fight for its life, and even if Musk cuts all such funding, it ...

  8. General Motors - Wikipedia

    en.wikipedia.org/wiki/General_Motors

    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, Buick, GMC, and Cadillac, each a separate division of GM.

  9. List of defunct automobile manufacturers of the United States

    en.wikipedia.org/wiki/List_of_defunct_automobile...

    A A Automobile Company (1910–1913) 'Blue & Gold, Red John, model Abbott-Detroit (1909–1918) Moved to Cleveland and renamed to 'Abbott' in 1917. Abeln-Zehr (1911–1912) Renamed to 'Zehr' after departure of S. Abeln in 1912. AC Propulsion (1997–2003) tzero model Apex Motor Car Company (1920–1922) Ace model Acme Motor Car Company (1903–1911) Adams Company (1905–1912) 'Adams-Farwell ...