Ads
related to: general motors losses 2008 truck bed mat rubber trim boards
Search results
Results From The WOW.Com Content Network
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.
Chrysler filed for chapter 11 bankruptcy protection on May 1, 2009 [94] followed by General Motors a month later. [95] On June 2, General Motors announced the sale of the Hummer brand of off-road vehicles to Sichuan Tengzhong Heavy Industrial Machinery Company Ltd., a machinery company in western China, a deal which later fell through.
Plant 5 fronted Franklin Road north of Plant 3. In 1943, GM acquired the remaining interest in Yellow Truck & Coach Manufacturing Company and renamed it GMC Truck & Coach Division. [6] Around 1981, Plant 1 was demolished. Plants 3 and 5 were demolished around 2005, and Plant 4 in 2008.
General Motors' revenue increased 4% to $39 billion and it earned $2.6 billion in the. After Ford's solid third-quarter report last week the pressure was on crosstown rival General Motors to ...
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]
Due to a long-lasting downturn in sales of full-size trucks and SUVs in the United States (by as much as 30% through the first nine months of 2008), General Motors cancelled the next-generation full-size truck program in May 2008, including the replacements for the Chevrolet Tahoe and Suburban and their siblings at GMC and Cadillac. [4]