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In 2009, GM had renamed itself as General Motors Company, creating its former appellation: General Motors Corporation. On May 30, 2009, it was announced that a deal had been reached to transfer GM's Opel assets to a separate company, majority-owned by a consortium led by Sberbank of Russia (35%), Magna International (20%), and Opel employees (10%).
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.
Lopez joined GM in 1980. Initially working at the Zaragoza plant, he became Head of Purchasing for GM's subsidiary Opel in Rüsselsheim in 1987. There he established consumer price driven production methods dubbed "Purchased Input Concept Optimisation with Suppliers" or PICOS, which reversed commonly held supplier-manufacturer relations in the ...
General Motors was represented by the New York specialist law firm Weil, Gotshal & Manges. The United States Treasury was represented by the United States Attorneys Office for the Southern District of New York and Cadwalader, Wickersham & Taft LLP. An ad hoc group of the bondholders of General Motors Corporation was also represented in court. [47]
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]
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Pages in category "General Motors subsidiaries" The following 22 pages are in this category, out of 22 total. This list may not reflect recent changes. A. ACDelco; B.
GM acquired a controlling interest in Yellow Truck & Coach Manufacturing Company in 1925 and began moving its engineering operations to the Rapid Street plant. In 1937, Yellow Truck & Coach Manufacturing Company began purchasing the plants owned by Wilson Foundry & Machine Company. Plant 4 fronted S Saginaw Street (now Woodward Avenue).