Ad
related to: gm discount program credit unionauto-owners.com has been visited by 10K+ users in the past month
Search results
Results From The WOW.Com Content Network
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 ...
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 ...
By 2012, GM will offer 15 hybrid models, and more than half of its fleet will be flex-fuel vehicles, able to run on either gasoline or ethanol-rich E85. GM is seeking $12 billion in bridge loans through 2009 and is also asking for revolving credit of $6 billion that it could draw on if its sales forecast falls short.
This article originally appeared on Detroit Free Press: More info to come on GM's $50,000 buyout program for union workers. Show comments. Advertisement. Advertisement. In Other News.
The strikers at four of GM's assembly plants and 18 parts distribution centers across the country are returning to work through the ratification process.. Higher new car prices. Fain ended the ...
General Motors Company (GM) [2] is an American multinational automotive manufacturing company headquartered in Detroit, Michigan, United States. [3] The company is most known for owning and manufacturing four automobile brands: Chevrolet, Buick, GMC, and Cadillac.
General Motors Financial Company, Inc. is the financial services arm of General Motors. The company is a global provider of auto finance, with operations in the United States, Latin America, Canada, Europe (which was sold to PSA Groupe and BNP Paribas following the sale of GM's core area businesses Opel and Vauxhall in a $2.2 billion deal), and ...
Some GM and Ford EVs will lose the $7,500 federal tax credit this year, but GM is taking steps to make sure it ... GM to offer $7,500 discount on EVs that don't get tax credit in 2024. Show comments.
Ad
related to: gm discount program credit unionauto-owners.com has been visited by 10K+ users in the past month