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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.
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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 ...
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 ...
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In January 2014, Forbes reported several key challenges facing Navistar, which include declining military sales, a pension plan underfunded by $2.7 billion, two self-disclosed weaknesses in accounting practices and a new collective bargaining agreement for the company's 6,000 full and part-time workers who are represented by labor unions.