Search results
Results from the WOW.Com Content Network
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.
Chrysler filed for chapter 11 bankruptcy protection on May 1, 2009 [95] followed by General Motors a month later. [96] On June 2, General Motors announced the sale of the Hummer brand of off-road vehicles to Sichuan Tengzhong Heavy Industrial Machinery Company Ltd., a machinery company in western China, a deal which later fell through.
Fremont Assembly was a General Motors automobile factory in Fremont, California, in the San Francisco area, replacing the older Oakland Assembly.Groundbreaking for the plant occurred in September 1961, and the plant produced its first vehicle on May 1, 1963.
General Motors Co. has agreed to a $5.75 million settlement with California regarding false statements the company made to investors about problems with its deadly ignition switches, state ...
Before NUMMI, the site was the former Fremont Assembly that General Motors operated between 1962 and 1982. [1] [2] [3] Employees at the Fremont plant [4] were "considered the worst workforce in the automobile industry in the United States," according to a later recounting by a leader of the workers' own union, the United Auto Workers (UAW).
An American flag flies at a Chevrolet dealership on August 4, 2021 in Glendale, California. (Photo by Mario Tama/Getty Images) (Mario Tama via Getty Images)
General Motors has already ... GM) doesn't get enough credit, in my opinion, for its massive turnaround since the financial crisis and ... revenue from digital automotive services is forecast to ...
Van Nuys Assembly was a General Motors automobile factory in Van Nuys, California.The plant opened in 1947 producing Chevrolet Advance Design trucks. Later it would produce several different models including Chevrolet full-size (Caprice, Impala, etc.), Chevrolet Corvair, Chevrolet Greenbrier, Chevrolet Chevelle, Chevrolet Nova / Buick Apollo / Oldsmobile Omega / Pontiac Ventura, and Chevrolet ...