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In a memo obtained by the Detroit Free Press, GM's salaried workforce to get base wage increases, added contributions to 401(k) plans and other perks. Raises, increased benefits coming to nonunion ...
The main players impacted by the proposed bill are General Motors ( NYSE:GM ) and Tesla ( NASDAQ:TSLA ). In this article, we will look Focus on GM's fundamentals and get a better feeling as to ...
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.
On September 17, GM stopped providing health insurance to 55,000 union members, [7] forcing the UAW to pay for COBRA. On September 26, it was announced that GM would start to pay health insurance again to people on strike. [8] On October 16, it was announced that GM and the UAW agreed on a new labor contract that ended the month-long strike.
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.
Under the prior rules of the EV tax credit, GM and Tesla were phased out of any credits because they had reached the overall sales threshold of 200,000 EVs sold for those credits.
OnStar was formed in 1996 as a collaboration between GM, Electronic Data Systems and Hughes Electronics Corporation.Each of the founding companies brought a specific area of expertise to the enterprise: GM brought vehicle design and integration and a distribution system of millions of vehicles, EDS brought much of the systems development and information management and customer service ...
GM declined to disclose the entire number of layoffs, but a source familiar with the action confirmed more than 1,000 salaried employees would be laid off, including 600 in Warren, Michigan ...