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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 ...
On May 27, 2009, the U.S. Treasury advanced a secured loan of US$360.6 million to GM, and GM issued a note to the Treasury for US$360.6 million, plus $24.1 million USD as additional compensation for the warranty advance, pursuant to the terms of the Warranty Agreement dated December 31, 2008, between GM and the U.S. Treasury. The loan funded a ...
GM Egypt: 6th of October City: Egypt: Chevrolet N-Series Chevrolet T-Series Chevrolet Optra Chevrolet Move: 1985 F: Fairfax II: Kansas City, Kansas: United States: Chevrolet Malibu (2016-) Cadillac XT4: 1987 Located at 3201 Fairfax Trafficway. Replaced original Fairfax Assembly Plant (Fairfax I) for 1988 model year production. Flint Engine ...
On Nov. 15, GM cut another 1,000 jobs, including 507 jobs at the GM Tech Center based on information provided to the state.“ There’s still a large money-losing EV business and threats like ...
Last week, the Free Press reported that GM cut 1,000 jobs globally, mostly salaried but some hourly, as a "normal course of business" to gain operating efficiency. GM will stop using its Yuma ...
[178] [179] In 2018, the Wayne County Commission approved a land swap that included a new jail complex for the county as well as a potential revival for the old American Motors building. [180] American Center – American Motors' corporate headquarters in Southfield, Michigan, is still standing, still open, and still called "American Center". [181]
General Motors is laying off about 1,000 workers worldwide, shedding costs as it tries to compete in a crowded global automobile market. The workers, mostly white collar, were notified about the ...
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