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On May 27, 2009, the U.S. Treasury advanced a secured loan of US$360.6 million to GM, and GM issued a note to the Treasury for US$360.6 million, plus $24.1 million USD as additional compensation for the warranty advance, pursuant to the terms of the Warranty Agreement dated December 31, 2008, between GM and the U.S. Treasury. The loan funded a ...
Website. gm.com. General Motors Company ( 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.
US automobile manufacturing, 1993–2021. At the time, the Big Three employees, parts-supplier employees and car-dealer employees totaled approximately 1.6 million. [18] All auto-related industries and after-market service businesses employed approximately 3.1 million people in the United States.
The voting came down to the wire, with the tracker tallying all the results across GM assembly plants and parts centers. The deal passed by a slim 54.7% to 45.3% margin, with 19,683 "yes" votes ...
The logic is simple: Passing the employee discount to a non-employee costs the company money. GM says that the employee purchase program can save a buyer from $1,000 to $9,000. Imagine an employee ...
She said GM's plan still would include a more regular, in-person presence, but it would not implement any return-to-the-office policy in 2022 as the company listens to employee feedback.
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