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  2. After 101 years, why GM failed - AOL

    www.aol.com/news/2009-05-31-after-101-years-why...

    General Motors (GM) was founded in September of 1908. On June 1, 2009, at 8 a.m. -- almost 101 years later -- it ceased to exist, and control was handed over to turnaround executive Al Koch ...

  3. Effects of the 2008–2010 automotive industry crisis on the ...

    en.wikipedia.org/wiki/Effects_of_the_2008–2010...

    In 2007, General Motors made a loss of $38.7 billion. In the light of the published losses GM has conceded that it expected auditors to question its future viability when it releases its annual report in March. On the June 1, 2009, General Motors filed for Chapter 11 bankruptcy after failing to successfully negotiate deals with bond holders. On ...

  4. Why GM failed: 2. Uncompetitive vehicles - AOL

    www.aol.com/news/2009-05-31-why-gm-failed-2...

    Moreover, Toyota enjoyed a $300 to $500 per vehicle cost advantage over GM. Part of this advantage was in health care costs. While GM complained about its $1,500 per vehicle health care charge ...

  5. General Motors Chapter 11 reorganization - Wikipedia

    en.wikipedia.org/wiki/General_Motors_Chapter_11...

    General Motors Chapter 11 reorganization. The 2009 General Motors Chapter 11 sale of the assets of automobile manufacturer General Motors and some of its subsidiaries was implemented through Chapter 11, Title 11, United States Code in the United States bankruptcy court for the Southern District of New York. The United States government-endorsed ...

  6. History of General Motors - Wikipedia

    en.wikipedia.org/wiki/History_of_General_Motors

    The Renaissance Center in Detroit, Michigan, is the world headquarters of General Motors.. The history of General Motors (GM), one of the world's largest car and truck manufacturers, dates back more than a century and involves a vast scope of industrial activity around the world, mostly focused on motorized transportation and the engineering and manufacturing that make it possible.

  7. Skyrocketing Health Care Costs Hamper U.S. Competitiveness - AOL

    www.aol.com/2010/03/18/skyrocketing-health-care...

    Health insurance alone, including premiums and employee contributions, averaged $12,680 per family in 2008, according to the Henry J. Kaiser Family Foundation, a respected Skyrocketing Health Care ...

  8. Medco Health Solutions - Wikipedia

    en.wikipedia.org/wiki/Medco_Health_Solutions

    Medco Health Solutions, Inc. was an American Pharmacy Benefits Management (PBM) company. Medco provided pharmacy services to private and public employers, health plans, labor unions, government agencies, and individuals served by Medicare Part D Prescription Drug Plans. Medco was a member of the S&P 500 and ranked number 34 on the 2011 Fortune ...

  9. Slimmed-Down GM Posted a $4.3 Billion Loss in 2009 - AOL

    www.aol.com/2010/04/07/slimmed-down-gm-posted-a...

    General Motors may have emerged from bankruptcy, but the pared down auto maker didn't make money in the last six months of the year. It posted a $4.3 billion loss, it said Wednesday. Still, GM ...