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GM Components Holdings is an automotive components producer and distributor based in the United States. It is a subsidiary of General Motors. GMCH was created in 2009 as a result of the bankruptcy filings of both Delphi Corporation and General Motors. [2] [3] GMCH consists of four facilities previously owned by Delphi:
Delco Electronics Corporation was the automotive electronics design and manufacturing subsidiary of General Motors based in Kokomo, Indiana, that manufactured Delco Automobile radios and other electric products found in GM cars. In 1972, General Motors merged it with the AC Electronics division and it continued to operate as part of the Delco ...
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Warren Buffett’s Berkshire Hathaway unloaded its entire $850 million worth of General Motors (GM) stock last quarter, according to a Securities and Exchange Commission filing.
The company was established as General Motors' Automotive Components Group in 1994, which changed its name to Delphi Automotive Systems in 1995. [7] G.M. also renamed the various divisions within the newly created Delphi unit.
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 and Samsung announced the joint venture in June of last year. The $3.5 billion plant is being built on a 680-acre site and is expected to employ 1,600 workers.
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.