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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 ...
The 2007–2008 financial crisis played a role, as GM was unable to obtain credit to buy Chrysler. [citation needed] Sales fell further as consumer credit tightened and it became much harder for people with average or poor credit to obtain a bank loan to buy a car. During 2007, nearly 2 million new U.S. cars were purchased with funds from home ...
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.
Bed Bath & Beyond: Veterans Advantage members can save 25% off purchases from Nov. 11-13. Boscov’s: The department store offers a discount of up to 15% to registered military members. buybuy ...
Just for Feet – bankrupt in 1999, acquired by Footstar, final stores closed in 2004. MC Sports – filed for bankruptcy and closed in 2017. Modell's Sporting Goods – first store opened in 1889. On March 11, 2020, the company filed for bankruptcy, and announced it would close all 115 stores.
Big 5 Sporting Goods: All active-duty and reserve military, plus veterans, receive a 10% discount. Foot Locker: Qualified military personnel can get a 15% discount off most online and in-store ...
Military personnel can get 15% off legal services and templates via TroopID, a service that aggregates businesses that offer military discounts. More Bargains: 15 Unexpected Places To Score Senior ...
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 autonomous modular platform joint project ...