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General Motors Chapter 11 reorganization. The 2009 General Motors Chapter 11 sale of the assets of automobile manufacturer General Motors and some of its subsidiaries was implemented through Chapter 11, Title 11, United States Code in the United States bankruptcy court for the Southern District of New York. The United States government-endorsed ...
Website. gm .com. General Motors ( 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, GMC, Cadillac and Buick.
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.
Founded in 1908 as a holding company in Flint, Michigan, as of 2012 it employed approximately 209,000 people around the world. [1] With global headquarters at the Renaissance Center in Detroit, Michigan, United States, General Motors manufactures cars and trucks in 35 countries. In 2008, 8.35 million [2] GM cars and trucks were sold globally ...
The Alfred P. Sloan Foundation is a philanthropic non-profit organization established by Sloan in 1934. The foundation's programs and interests fall into the areas of science and technology, standard of living, economic performance, and education and careers in science and technology. For the year ending December 31, 2014, the total assets of ...
Chrysler is the smallest of the "Big Three" U.S. automakers (Stellantis North America, Ford Motor Company, and General Motors). In 2020, FCA US sold just over 1.8 million vehicles. In 2020, FCA US sold just over 1.8 million vehicles.
Dual-motor, all-wheel-drive. Related. GM BT1. Chronology. Predecessor. GM BEV2. The GM BEV3 platform is a dedicated electric vehicle architecture or platform developed by General Motors. It is the third-generation electric vehicle platform by GM, succeeding the BEV2 platform. [1] It is categorized as a skateboard platform.
The term Big Three has since been sometimes used to refer to the following automakers: United States — General Motors, Ford, and Stellantis (historically Chrysler) Germany — the Volkswagen Group, the Mercedes-Benz Group, and BMW [1] Japan — Toyota, Honda, and Nissan [2] South Korea — Hyundai Motor Company, Kia Corporation, and Genesis ...