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None of the publicly owned stocks or bonds issued by the former General Motors Corporation (now renamed "Motors Liquidation Company"), including its common stock formerly traded on the New York Stock Exchange under the ticker symbol "GM", are or will become securities of General Motors Company (the "new GM"), which is an independent separate ...
[22] The Truth About Cars-offshoot site Curbside Classic named the Corvair as one of the major "deadly sins" that led to GM's downfall; "The Corvair was the product of GM's repeated tendencies to go off in directions that were an engineer's dream, but were either flawed from the initial concept, or diminished by the bean counters. In the case ...
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.
Marissa West is leaving General Motors. Rory Harvey will take over day-to-day responsibilities for North America. GM makes leadership change in North America just 8 months after naming new leader
General Motors (GM) and General Electric Company (GE) used to be the most highly respected names in corporate America. Now their reputations and stock prices are shot. So is the credibility of ...
GM is potentially facing a large warranty issue as the National Highway Traffic Safety Administration (NHTSA) opened a preliminary investigation into engine failure affecting 877,710 GM SUVs and ...
Chrysler filed for chapter 11 bankruptcy protection on May 1, 2009 [94] followed by General Motors a month later. [95] 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.
The New York Times Book Review (NYTBR) is a weekly paper-magazine supplement to the Sunday edition of The New York Times in which current non-fiction and fiction books are reviewed. It is one of the most influential and widely read book review publications in the industry. [2] The magazine's offices are located near Times Square in New York City.