General Motors
Manufacturing Company, Automotive Company, and Company
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GM to release plan for European units in December...a U.S. company aid for restructuring. Next week, the European Union in Brussels will host a meeting between GM and EU governments to discuss restructuring plans and aid for the company. The governments of Belgium, Spain and Britain... In this article: GM, GM Europe, European Union, Angela Merkel, Opel, Frankfurt, Revenue, Sberbank, and Magna International Inc. |
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Financial Times | 5 days ago
GM to begin repaying government loans
...revamp over the past decade Nick Reilly, Opel's acting chief executive, will visit the UK on Wednesday for talks with the British government and Vauxhall's unions on GM's plans to restructure its European arm. Mr Henderson would not be...
In this article: Bankruptcy, US, United Auto Workers, and UK
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Edmonton Journal | 3 days ago
Business Browser
...SLASHING EU JOBS LONDON / U.S. carmaker General Motors could cut between 9,000 and 10,000 jobs as part of a restructuring of its European operations, Nick Reilly, interim head of GM's European business, said on Tuesday. U.K. INFLATION...
In this article: Tax, Air Austral, Saks Inc, Inflation, Export Development Canada, Suncor, and BlackBerry
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BBC News | November 04, 2009
General Motors cancels Opel sale
GM had agreed to sell Opel to Magna in September General Motors (GM) has cancelled plans to sell a majority stake in its European car business Opel, including its UK brand Vauxhall. The US giant said in a statement that its board had...
In this article: Opel, Magna, Vauxhall, Europe, US, Berlin, UK, and Germany
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Independent.co.uk - Business | 4 days ago
GM boss faces questions over Vauxhall jobs
GM boss faces questions over Vauxhall jobs Union leaders will today press a top executive of car giant General Motors for assurances about jobs at Vauxhall factories in the UK. Leaders of Unite will hold talks with Nick Reilly, the US...
In this article: Vauxhall, Ellesmere Port, Unite, Magna, Europe, UK, and United States
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www.gm.com
General Motors - GM Europe - GM in your Country - General ...
The General Motors website is your resource for GM cars, trucks, vans and sport ... United Kingdom. General Motors United Kingdom - Overview ...
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General Motors - GM Europe - Company Overview
The General Motors website is your resource for GM cars, ... United Kingdom. Corporate Information. Brands. GM in Europe. Corporate Information. About GM Europe ...
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www.newstin.co.uk
GM to retain control of Vauxhall: report
Analysis/Comments LONDON (MarketWatch) -- General Motors is going ... England General Greater Kingdom London Motors Opel United ...
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simple.wikipedia.org
Vauxhall Motors - Simple English Wikipedia, the free encyclopedia
Vauxhall is an car maker, owned by General Motors. It is based in the United Kingdom. ... General Motors bought the company in 1925 for 2.5 million dollars (USD) ...
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www.jobsinuk.org.uk
Jobs in UK Information and Resources | UK Jobs Online Guide
The economy of the United Kingdom consists of diverse industries and is ... (Jaguar-Land Rover), General Motors (Vauxhall Motors), Honda, Nissan, Toyota and ...
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Description from Wikipedia:
General Motors Company, also known as GM, is a United States based automaker with headquarters in Detroit, Michigan.
GM was the world's 18th largest corporate entity and third largest automaker as ranked by 2008 revenues on the Fortune Global 500. Ranked by global unit sales for 2008, it was the world's second largest automaker. GM manufactures cars and trucks in 34 countries, recently employed 244,500 people around the world, and sells and services vehicles in some 140 countries.
On June 1, 2009 General Motors filed for Chapter 11 bankruptcy proceedings from which it emerged on July 10, 2009 in a reorganization in which a new entity acquired the most valuable assets. GM is now majority owned by the United States Treasury and Canadian governments, with the US government investing a total of $57.6 billion under the Troubled Asset Relief Program.
While no GM shares are currently available to the public, the company plans an initial public stock offering (IPO) in 2010.
GM plans to focus its business on its four core US brands — Chevrolet, Cadillac, Buick, and GMC. In Europe, following a period of negotiation to sell a majority stake in its Opel and Vauxhall brands, GM decided to retain full ownership of these operations.
- Name:
- General Motors Company
- Type:
- Limited liability company
- Location:
- Detroit, Michigan, United States
- Region:
- Worldwide
- Founded:
- Flint, Michigan (1908)
- Owned by:
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- United Auto Workers
- The Crown in Right of Canada (7.9%)
- United States Department of the Treasury (61%)
- The Crown in Right of Ontario (3.8%)
- Bond holders of Motors Liquidation Company (9.8%)
- VEBA (17.5%)
- Industry:
- Automotive
- Key People:
- Products:
- Automobiles
- Revenue:
- US$ 148.979 billion
- Operating Income:
- US$ US$ 21.284 billion
- Net Income:
- US$ −30.9 billion
- Assets:
- US$ 91.047 billion
- Equity:
- US$ −86.154 billion
- No. of Employees:
- 244,500
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