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Website. gm.com. 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, GMC, Cadillac, and Buick.
GM gained higher rates of return on its benefit funds as a part of the solution. Stock value began to rebound—as of October 30, 2006, GM's market capitalization was about $19.19 billion. GM stock began the year 2006 at $19 a share, near its lowest level since 1982, as many on Wall Street figured the ailing automaker was bound for bankruptcy ...
On May 31, 2009, news broke that the U.S. would initially likely become the largest shareholder of the reorganized GM following a bankruptcy filing and re-emergence from bankruptcy. The U.S. government would invest up to $50 billion and own 60% of the new GM and the Canadian government would own 12.5%. [30]
Between 2020 and 2025, GM plans to invest $35 billion in electric vehicle and autonomous vehicle product development, exceeding its gas and diesel spend. The company plans to introduce the ...
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Under Project 2000, GM would eliminate or relocate dealerships, and also focused on establishing multi-brand locations, selling Buick, Pontiac and GMC vehicles or Cadillac, Hummer and Saab vehicles. The program was controversial with dealers, many who didn't want to close their dealership or sell their franchise rights. [23]
Height. 60.0 in (1,524 mm) [ 1] Curb weight. 3521 lb (1597 kg) The GMC Syclone is a high-performance version of the GMC Sonoma pickup truck. Produced in 1991 by GMC along with Production Automotive Services (PAS) —the same company credited with building the 1989 Pontiac Turbo Trans Am —the GMC Syclone was the fastest production truck for 1991.
Description. Like the GMC Syclone, the Typhoon is powered by a 4.3 L LB4 V6 engine with unique pistons, main caps, head gaskets, intake manifolds, fuel system and exhaust manifolds, producing 280 hp (209 kW) and 360 lb⋅ft (475 N⋅m) of torque. The engine is a modified version of the Vortec engine found in the standard Jimmy, which originally ...