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GM Defense is the military product subsidiary of General Motors, headquartered in Concord, North Carolina. It focuses on defense industry needs with hydrogen fuel cell and other advanced mobility technologies. [2] GM Defense projects include SURUS (Silent Utility Rover Universal Superstructure), an autonomous modular platform joint project with ...
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 ...
GM offered buyouts to all its UAW members. On March 24, 2008, GM reported a cash position of $24 billion, or $6 billion less than what was on hand September 31, 2007, [dubious – discuss] which is a loss of $1 billion a month. A further quarterly loss of $15.5 billion, the third-biggest in the company's history, was announced on August 1, 2008.
Since the Second World War, the baseline of military retirement has been the 20-year retirement. Under such a program, service members have been eligible for retirement payments after 20 years of active duty. Service members received a defined benefit payment upon retirement, payable until the death of the beneficiary. The benefit received was ...
After ratification, there will be a six-month window for past employees of GM's former Lordstown Assembly plant who were active at the plant on Nov. 26, 2018 — the day GM announced it would ...
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.
In those tentative agreements, the UAW said all union-represented salaried employees will get the same 25% wage increase across the 4.5-year contract and the same $5,000 ratification bonus that ...
List of New York Mets owners and executives. The New York Mets are a Major League Baseball (MLB) franchise based in Queens, in New York City. They play in the National League East division. In the team's history (1962–), the Mets have employed 12 general managers (GMs). [1] The GM controls player transactions, hiring and firing of the ...