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  2. UAW President Shawn Fain urges GM members to ratify ... - AOL

    www.aol.com/uaw-president-shawn-fain-urges...

    For retirees, GM has agreed to make five payments of $500 to current retirees and surviving spouses, the first such payments in over 15 years. Like the other two, the GM deal includes a right to ...

  3. General Motors Chapter 11 reorganization - Wikipedia

    en.wikipedia.org/wiki/General_Motors_Chapter_11...

    GM filed for Chapter 11 reorganization in the Manhattan New York federal bankruptcy court on June 1, 2009, at approximately 8:00 am EDT. June 1, 2009, was the deadline to supply an acceptable viability plan to the U.S. Treasury. The filing reported US$82.29 billion in assets and US$172.81 billion in debt.

  4. GM offers voluntary buyouts to US salaried workers, expects ...

    www.aol.com/finance/gm-offers-voluntary-buyouts...

    Only a few weeks back GM initiated performance-based job cuts, which the company made clear to say did not amount to layoffs, for 500 salaried employees, less than 1% of GM’s 81,000 global ...

  5. GM Financial - Wikipedia

    en.wikipedia.org/wiki/GM_Financial

    General Motors Financial Company, Inc. is the financial services arm of General Motors.The company is a global provider of auto finance, with operations in the United States, Latin America, Canada, Europe (which was sold to PSA Groupe and BNP Paribas following the sale of GM's core area businesses Opel and Vauxhall in a $2.2 billion deal), and China.

  6. Employee pricing - Wikipedia

    en.wikipedia.org/wiki/Employee_pricing

    Employee pricing. Employee pricing is a selling strategy launched in 2005 by the auto industry in order to attract customers by using the discounted prices that auto industry employees pay for new cars rather than the sticker price MSRP. The program was first offered that year by General Motors, and later followed by Ford, Chrysler, and some ...

  7. GM earnings top forecasts, company raises outlook and sees ...

    www.aol.com/finance/gm-earnings-preview-updated...

    GM's strong performance also resulted in the company lifting its 2024 guidance. The company now sees full-year adjusted EBIT of $12.5 billion-$14.5 billion, up from an outlook of $12 billion-$14 ...

  8. 2008–2010 automotive industry crisis - Wikipedia

    en.wikipedia.org/wiki/2008–2010_automotive...

    The 2008–2010 automotive industry crisis formed part of the 2007–2008 financial crisis and the resulting Great Recession. The crisis affected European and Asian automobile manufacturers, but it was primarily felt in the American automobile manufacturing industry. The downturn also affected Canada by virtue of the Automotive Products Trade ...

  9. GM to offer $7,500 discount on EVs that don't qualify for tax ...

    www.aol.com/gm-offer-7-500-discount-140524120.html

    GM's Winter said the Chevrolet Silverado EV work truck is a fleet purchase that still qualifies for the commercial tax credit. The retail version of the Silverado EV should be available later this ...

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