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Jeep Commander. The Jeep Commander is a 3-row SUV based on the Jeep Grand Cherokee, introduced for the 2006 model year. Launched at the onset of the 2000s energy crisis, the Commander was a commercial failure that was withdrawn after four years on the market and has received poor retroactive reviews.
General Motors bankruptcy. Only days after approaching the U.S. Government to seek further funding, General Motors published its losses for the final quarter of 2008 to be at $9.6 billion (£6.7 billion). This brought its overall 2008 losses to $30.9 billion. In 2007, General Motors made a loss of $38.7 billion.
General Motors was represented by the New York specialist law firm Weil, Gotshal & Manges. The United States Treasury was represented by the United States Attorneys Office for the Southern District of New York and Cadwalader, Wickersham & Taft LLP. An ad hoc group of the bondholders of General Motors Corporation was also represented in court. [47]
U.S. customers who bought a new General Motors vehicle last quarter paid an average of just under $49,900, a price that helped push the company's net income 15% above a year ago. Excluding one ...
General Motors ( GM) shares jumped early Tuesday as the automaker reported profit jumped in the fourth quarter, driven again by record revenue and strong demand. For the full-year, the company ...
Texas filed a lawsuit Tuesday against General Motors (GM), alleging the company unlawfully collected drivers’ data and sold it. Texas Attorney General Ken Paxton (R) announced the legal action ...
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.
Rebecca Cook/Reuters. Texas Attorney General Ken Paxton sued General Motors Tuesday, alleging the carmaker illegally collected and sold drivers’ data to insurance companies without their consent ...