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On May 27, 2009, the U.S. Treasury advanced a secured loan of US$360.6 million to GM, and GM issued a note to the Treasury for US$360.6 million, plus $24.1 million USD as additional compensation for the warranty advance, pursuant to the terms of the Warranty Agreement dated December 31, 2008, between GM and the U.S. Treasury. The loan funded a ...
The 6.2 L; 376.0 cu in (6,162 cc) EcoTec3 is a Generation V small-block V8 truck engine (VIN code "J"). The L86 is an LT1 engine modified for truck use with a compression ratio of 11.5 to 1. In 2019, GM introduced the L87 as the successor to the L86. Power and torque remain the same, but whereas the L86's "Active Fuel Management" alternates ...
Popular Mechanics named the X platform cars on their list "10 Cars that Damaged GM's Reputation" as they "promised a revolution in how the corporation designed and built cars. unfortunately, the reality was that these four- and six-cylinder cars probably suffered more recalls and endemic problems than any other GM vehicle program." They also ...
GM acquired Allison Engine Company [16] [39] and began developing a 1,000 horsepower liquid-cooled aircraft engine in 1929. [16] The same year, GM acquired 80% of Opel, which at that time had a 37.5% market share in Europe, for $26 million. It acquired the remaining 20% in 1931. [35]
The Vortec 5700 L31 (VIN code "R") is a 5.7L V8 truck engine. It is Chevrolet's last production first-generation small-block. The cylinder heads feature combustion chambers and intake ports very similar to those of the LT1 V8, but lacking the LT1's reverse-flow cooling and higher compression.
GM plans to launch predominately fuel-efficient cars and crossovers over the next four years, investing $2.9 billion in fuel-efficient technologies and alternative fuels during that time period. By 2012, GM will offer 15 hybrid models, and more than half of its fleet will be flex-fuel vehicles, able to run on either gasoline or ethanol-rich E85 ...