and GM would not be Government Motors. The bailout was a total and complete failure. Read next Follow us on: ...
The salaried employees pension plan was transferred to the Pension Benefit Guaranty Corp. as part of a bailout of the auto industry. “At the time, GM agreed to “top up” pension benefits to ...
President Donald Trump threw a fit, but GM shrugged him off. The facts are the facts. What did U.S. taxpayers get for their $11.2 billion bailout of GM? About ten years of business-as-usual ...
However, that's where the truth apparently ends. The story goes on to say that GM plans to use money obtained from the proposed government bailout package to pay for the Brazilian investment.
The Obama administration compares the $50 billion in direct bailout funds with the price it will eventually be able to get for selling the GM stock it owns. But that assumes that the stock price ...
We've compiled a list of the 10 craziest GM performance cars from 2000 to 2009, organized by their market introduction. Why ...
Reuters reports that the Canadian Auto Workers leadership and General Motors Canada have agreed ... cash-starved automaker with billions more in bailout dollars. According to Reuters, the union ...
Yesterday, the National Legal Policy Center (NLPC) asked Akerson if GM would pay back the estimated $10 billion in losses from the government bailout. “I would not accept the premise that this ...
and hurtling towards bankruptcy and a bailout, sales and profits from China allowed it to keep the lights on. Now the opposite is true. GM is making record profits at home, but it’s losing ...