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GM gets defense unit ready for deployment, May 12, 2018 Automotive News, Michael Wayland; New GM product segment will focus on military, Detroit News, October 9, 2017, Ian Thibodeau; General Motors Going Back Into the Defense Business, October 9, 2017, The Truth About Cars, Steph Willems
The GM Futurliners were a group of custom vehicles, styled in the 1940s by Harley Earl for General Motors, and integral to the company's Parade of Progress—a North American traveling exhibition promoting future cars and technologies. [2] [3] Having earlier used eight custom Streamliners from 1936 to 1940, [4] GM sponsored the Parade of ...
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 ...
Some GM and Ford EVs will lose the $7,500 federal tax credit this year, but GM is taking steps to make sure it's only temporary. GM to offer $7,500 discount on EVs that don't qualify for tax ...
GM beat analysts’ expectations and raised its profit projections by half a billion dollars, to a target range of $12.5–$14.5 billion, largely off the back of its bread-and-butter gas-vehicle line.
GM’s forward price-to-earnings multiple is a mere 4.3 times, a sizable discount to the S&P 500 index's 22 times. Tesla’s ( TSLA ) forward PE ratio stands at a whopping 63 times.
Flyer 72 — 95 mph (153 km/h) M1288 GMV 1.1 — 73.3 mph (118 km/h) The Flyer Advanced Light Strike Vehicle platform has been developed by General Dynamics Ordnance and Tactical Systems (GD-OTS), in partnership with Flyer Defense LLC, for the U.S. Special Operations Command (SOCOM) Ground Mobility Vehicle Program.
General Motors bankruptcy. Only days after approaching the U.S. Government to seek further funding, General Motors published its losses for the final quarter of 2008 to be at $9.6 billion (£6.7 billion). This brought its overall 2008 losses to $30.9 billion. In 2007, General Motors made a loss of $38.7 billion.