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The Nash-Kelvinator/Hudson deal was a straight stock transfer (three shares of Hudson listed at 11 + 1 ⁄ 8, for two shares of American Motors and one share of Nash-Kelvinator listed at 17 + 3 ⁄ 8, for one share of American Motors) and finalized in the spring of 1954, forming the fourth-biggest auto company in the U.S. with assets of US$355 ...
Consolidation of the automobile industry is an ongoing occurrence. Behind each automobile brand lies larger parent corporations.Auto mobile corporations, external corporations and private shareholders commonly own varying amounts of multiple auto mobile corporations, thus resulting analysis of relationships between auto mobile corporations becomes increasingly complicated.
On the morning of June 1, 2009, Chevrolet-Saturn of Harlem, a dealership in Manhattan that was owned by GM itself, filed for bankruptcy protection there, followed in the same court by General Motors Corporation (the main GM in Detroit), GM's subsidiary Saturn LLC, and Saturn LLC's subsidiary Saturn Distribution Corporation. [3]
Daniel Acker/Bloomberg via Getty Images By Bernie Woodall DETROIT -- The U.S. auto industry is on track for a record year of annual sales, General Motors said Tuesday, as the top U.S. automaker ...
The Detroit automaker shrugged off a hit from a costly auto strike to report U.S. new vehicle sales of about 2.6 million units for 2023, up 14.1% from 2022, while Toyota's annual sales rose 6.6% ...
GM reported Q4 sales jumped 21% from a year ago and were up 4% in 2024 to 2.7 million vehicles, with full-size pickup sales up for the fifth straight year, hitting their highest level since 2007.
Texas: Toyota Motor Manufacturing Texas: 50% Sienna: Indiana: Toyota Motor Manufacturing Indiana: 60% Tacoma: Texas: Toyota Motor Manufacturing Texas: 35% Tundra: 50%-55% Volkswagen Group [29] Volkswagen: Atlas: Tennessee: Volkswagen Chattanooga Assembly Plant: 49% Atlas Cross Sport: 48% ID.4: 70% Zhejiang Geely Holding Group [30] Volvo: EX90 ...
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