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 ...
General Motors executives are once again certified ... in private jets to Washington to outline why the industry needed bailout money. Not so smart. Now that The General has bought 200 million ...
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 ...
We've compiled a list of the 10 craziest GM performance cars from 2000 to 2009, organized by their market introduction. Why ...
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 ...
GM management has been anxious for the government to sell off its stake in GM that resulted from the tax-payer bailout in 2009. President Obama has indicated that the Treasury will begin selling ...