General Motors' CEO, Rick Wagoner, who's been manning the helm for the last eight years and a part of its staff since 1977, has taken some heat for asking the Feds for a bailout.
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 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 ...
General Motors has owned several car brands that have come and gone over the years. Here is each brand that GM has ...
Workers agreed to pay caps, a two-tier pay scale and allowed GM to hire temporary workers who wouldn't have job security or benefits. Since the bailout, GM has rebuilt itself and earned billions ...
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 ...
Speaking in a recent interview at the Peterson Museum, Lutz reveals that during the bankruptcy and reorganization of General Motors in 2008, the bailout came at the cost of the Pontiac brand.