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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 ]
AM General. (2005–present) Production. 1976–present. The Commercial Utility Cargo Vehicle (CUCV; / ˈkʌkviː / KUK-vee), [1] later the Light Service Support Vehicle (LSSV), is a vehicle program instituted to provide the United States military with light utility vehicles based on a civilian truck chassis. Some of the manufacturers that have ...
Employee pricing. Employee pricing is a selling strategy launched in 2005 by the auto industry 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 local ...
The group will pay GM $7.4 billion in cash at closing. GM will retain approximately $20 billion in automobile financing worth an estimated $4 billion over three years. GM sold its remaining 8% stake in Isuzu, which had peaked at 49% just a few years earlier, [34] on April 11, 2006, to raise an additional $300 million.
This means production workers at Ultium Cells will see an immediate pay increase of $6 to $8 an hour upon ratification and all hourly and salaried employees, including those at GM's parts ...
Much of the technology from Sunraycer found its way into the Impact prototype electric vehicle (also built by Aerovironment) and was the predecessor to the General Motors EV1. [76] In 1988, GM acquired a 15% stake in AeroVironment. [77] In 1989, GM acquired half of Saab Automobile's car operations for $600 million. [78]
Military light utility vehicle, or simply light utility vehicle (LUV), is a term used for the lightest weight class military vehicle category. [1] A Jeep -like four-wheel drive vehicle for military use [2] by definition lighter than other military trucks and vehicles, inherently compact and usually with light or no armour, with short body ...
Hummer H1. The Hummer H1 is a full-size four-wheel-drive utility vehicle based on the M998 Humvee, which was developed by AM General when it was a subsidiary of American Motors Corporation (AMC). [2] Originally designed strictly for military use, the off-road vehicle was released to the civilian market.