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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 ...
11. Burger King. Some participating Burger King locations offer 10% off all food and drink items to military personnel. 12. Carl’s Jr. (Hardee’s) Carl’s Jr. and Hardee’s locations offer a ...
Only a few weeks back GM initiated performance-based job cuts, which the company made clear to say did not amount to layoffs, for 500 salaried employees, less than 1% of GM’s 81,000 global ...
In Canada, GM's 2008 average labor costs (including both wages and benefits) were $69 per hour, and Toyota's at $48 per hour, with similar productivity. According to The Heritage Foundation, the ratio of retirees to workers varies across the Big Three. For each active worker at GM, there were 3.8 retirees or dependents in 2006.
Founded in 1908 as a holding company in Flint, Michigan, as of 2012 it employed approximately 209,000 people around the world. [1] With global headquarters at the Renaissance Center in Detroit, Michigan, United States, General Motors manufactures cars and trucks in 35 countries. In 2008, 8.35 million [2] GM cars and trucks were sold globally ...
Here are 20 businesses that offer great discounts to military personnel, active and retired, and their immediate families. Last updated: May 18, 2021 Amtrak California passenger train leaves the ...
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 autonomous modular platform ...
For retirees, GM has agreed to make five payments of $500 to current retirees and surviving spouses, the first such payments in over 15 years. Like the other two, the GM deal includes a right to ...