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GM filed for Chapter 11 reorganization in the Manhattan New York federal bankruptcy court on June 1, 2009, at approximately 8:00 am EDT. June 1, 2009, was the deadline to supply an acceptable viability plan to the U.S. Treasury. The filing reported US$82.29 billion in assets and US$172.81 billion in debt.
Employee pricing. Employee pricing is a selling strategy launched in 2005 by the auto industry to attract customers by using the discounted prices that auto industry employees pay for new cars rather than the sticker price MSRP. The program was first offered that year by General Motors, and later followed by Ford, Chrysler, and some local ...
The 2019 General Motors strike began September 15, 2019, with the walkout of 48,000 United Automobile Workers from some 50 plants in the United States. Demands by workers included increased job security, gateway for temporary workers to become permanent, better pay and retaining healthcare benefits. The strike lasted six weeks, and ended when ...
GM confirmed to the Detroit Free Press on Tuesday that the automaker will provide consumers with $7,500 off the price of any of the EVs that are ineligible for the government's credits under the...
GM directly employs 123,000 in all of North America. An estimated two million people relied on the industry for health care and 775,000 retirees collect auto-industry pensions. Hourly wages and benefits. Gary Burtless of the Brookings Institution argued that hourly wages were similar between the Big Three and the transplants.
GM launched the Chevrolet Bolt EV in 2015, using batteries made by LG as part of a strategic partnership between the two companies. GM started issuing recalls in 2020 after it faced numerous ...
General Motors' rising retiree health care costs and Other Post Employment Benefit (OPEB) fund deficit prompted the company to enact a broad restructuring plan. Although GM had already taken action to fully fund its pension plan, its OPEB fund became an issue for its corporate bond ratings.
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fluid (usually meaning specifically liquid in health care) f.m. fiat mistura: make a mixture f. pil. fiat pilula: make a pill f.s.a. fiat secundum artem: make according to art ft. fiat: make; let it be made g, gm gram (modern SI symbol is g, not gm) garg. gargarisma: gargle gr. granum: grain gtt(s) gutta(e) drop(s) gutt. gutta(e) drop(s) H
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