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The General Motors streetcar conspiracy refers to the convictions of General Motors (GM) and related companies that were involved in the monopolizing of the sale of buses and supplies to National City Lines (NCL) and subsidiaries, as well as to the allegations that the defendants conspired to own or control transit systems, in violation of Section 1 of the Sherman Antitrust Act.
General Motors recall after nearly a decade had a significant impact on the company's reputation. In addition, they expected sales to decline since customers would associate the company with the scandal. [56] The CEO, declared that GM's reputation "won't be determined by the recall itself, but how we address the problem". [57]
The film continues into a description of the General Motors streetcar conspiracy, starting with a history of National City Lines and Pacific City Lines and General Motors' investment in both companies. The film builds the argument that streetcar systems purchased by these companies were deliberately sabotaged through service reductions and fare ...
General Motors (GM) was founded in September of 1908. On June 1, 2009, at 8 a.m. -- almost 101 years later -- it ceased to exist, and control was handed over to turnaround executive Al Koch ...
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%).
Part of the Fitzgerald's operations were reorganized into a holding company in 1936, and later expanded about 1938 with equity funding from General Motors, Firestone Tire, Standard Oil of California and Phillips Petroleum for the express purpose of acquiring local transit systems throughout the United States in what became known as the General ...
The film deals with the history of the electric car, its modern development, and commercialization. The film focuses primarily on the General Motors EV1, which was made available for lease mainly in Southern California, after the California Air Resources Board (CARB) passed the zero-emissions vehicle (ZEV) mandate in 1990 which required the seven major automobile suppliers in the United States ...
General Motors Company (NYSE:GM) shares are trading lower on Wednesday after the company concluded that a material impairment of its equity interest in SAIC General Motors Corporation Limited (SGM ...