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New General Motors officially launched

Green Cars News

The company has been created from the old GM’s strongest operations and is built on four core brands: Chevrolet, Cadillac, Buick and GMC. The four brands will offer 34 nameplates by 2010 compared to the old GM’s total of 48 in 2008. Canada and Ontario governments: 11.7%. UAW Retiree Medical Benefits Trust: 17.5%.

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The New General Motors Launches; Lutz Unretiring

Green Car Congress

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. The four brands will offer a total of 34 nameplates by 2010, compared to old GM’s total of 48 in 2008 and 63 in 2004.