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The General Motors streetcar conspiracy refers to the convictions of General Motors (GM) and related companies that were involved in the monopolizing of the sale of buses and supplies to National City Lines (NCL) and subsidiaries, as well as to the allegations that the defendants conspired to own or control transit systems, in violation of Section 1 of the Sherman Antitrust Act.
The 2,600,000-square-foot (240,000 m 2) factory opened in 1937 to build Buick, Pontiac, and Oldsmobile vehicles from "knock down kits".Linden was the second of several B-O-P "branch" assembly plants (the first being the Pontiac-operated South Gate plant), part of GM's strategy to have production facilities in major metropolitan cities.
June 19, 2009: Deadline for filing all objections to the sale of General Motors. June 22, 2009: Deadline for making competing bids in the auction of General Motors' assets. June 25, 2009: Final hearing on the bankruptcy loan. July 10, 2009: Deadline for completion of the sale, requested by the U.S. Treasury and General Motors. [9] [10]
General Motors offered diesel options on some of its small cars, but none of them sold well until the introduction of the 2014 Chevrolet Cruze. [80] Autotrader described: "There were two key problems with the Olds diesels. First, the head bolts simply weren't numerous or strong enough for the diesel's high compression ratio, so they started ...
General Motors Executive Vice President and Chief Financial Officer Paul Jacobson addresses investors Thursday, Nov. 17, 2022, at a meeting in New York City.
The plant was constructed at a cost of $2 million (equivalent to $42.4 million in 2023) and had its groundbreaking ceremonies in August 1937 that were attended by Governor of New Jersey Harold G. Hoffman. [1] The plant was dedicated in November 1938 at ceremonies attended by GM Chairman Alfred P. Sloan and company president William S. Knudsen.
A top New Jersey cop spewed an offensive remark about the Jewish attorney general and his young son on “Bring Your Child to Work Day this Year,” according to a newly revealed complaint.
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