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General Motors. Website. gmdefensellc.com. 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 ...
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 ...
In 2006, GM had begun to apply the Mark of Excellence, which was actually the GM logo. GM had stopped putting their logo on the cars in 2009, but GM did apply the GM logo on some of the early 2010 GM models. In February 2006, GM slashed its annual dividend from $2.00 to $1.00 per share. The reduction saved $565 million a year.
Enhancements to vision benefits. GM spokesman Kevin Kelly confirmed the existence of the memo and said the benefits apply only to GM's 43,500 U.S. salaried workers. ... the first time that's ...
An analyst for Credit Suisse estimated that GM could lose as much as $50 million each day the strike continued, while other analysts estimated daily losses could be as high as $100 million per day. GM's share of the automobile market had decreased from 30% in the late 1990s to 17% by 2019, meaning the strike likely had fewer implications for ...
The GM tentative agreement mirrors much of what is in the ... 2018 — the day GM announced it would close the facility — to apply to return to the area and work at the Ultium Cells plant, Fain ...
What General Motors Is Worth. Share Price, 52-Week Range. $33.55-$64.30. 2020 Revenue. $122.485B. 2020 Profit. $6.427B. GOBankingRates’ Evaluation of GM’s Net Worth
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. By terms of sales, it was the largest automaker in the United States in 2022 ...