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New General Motors officially launched

Green Cars News

Some good news at last for the battered and bruised automotive industry in North America where the new, downsized General Motors Company emerged from bankruptcy yesterday. The company has been created from the old GM’s strongest operations and is built on four core brands: Chevrolet, Cadillac, Buick and GMC.

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The New General Motors Launches; Lutz Unretiring

Green Car Congress

The new, downsized General Motors Company emerged from bankruptcy Friday morning. Created from the old GM’s strongest operations in an asset sale approved by the Federal bankruptcy court on 5 July ( earlier post ), the new GM is built on four core brands: Chevrolet, Cadillac, Buick and GMC. UAW Retiree Medical Benefits Trust: 17.5%.