GM repaid $6.7 billion in US loans and another ... With the Obama administration crowing about the "success" of this bailout, let's go back to the beginning, to those $45 billion in loans.
The salaried employees pension plan was transferred to the Pension Benefit Guaranty Corp. as part of a bailout of the auto industry. “At the time, GM agreed to “top up” pension benefits to ...
However, that's where the truth apparently ends. The story goes on to say that GM plans to use money obtained from the proposed government bailout package to pay for the Brazilian investment.
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The retreat from the world’s largest auto market has begunand hurtling towards bankruptcy and a bailout, sales and profits from China allowed it to keep the lights on. Now the opposite is true. GM is making record profits at home, but it’s losing ...
President Donald Trump threw a fit, but GM shrugged him off. The facts are the facts. What did U.S. taxpayers get for their $11.2 billion bailout of GM? About ten years of business-as-usual ...
The automaker estimates its struggling China business will cost $5 billion, but it isn't giving up on the country yet.
Reuters reports that the Canadian Auto Workers leadership and General Motors Canada have agreed ... cash-starved automaker with billions more in bailout dollars. According to Reuters, the union ...
“Everything is possible when you have a tariff of that size. … The whole [auto] supply chain, which has been founded on free ...
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