Green Car Congress

JULY 6, 2009

The new company will acquire GM’s strongest operations and will have a more competitive operating cost structure, partly as a result of recent agreements with the United Auto Workers (UAW) and Canadian Auto Workers (CAW). UAW Retiree Medical Benefits Trust: 17.5%. Tags: Market Background Vehicle Manufacturers. The old GM: 10%.

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Green Car Congress

MARCH 29, 2009

The tack suggests a hard-nosed approach from the Obama administration toward the automakers, bondholders and the UAW, all of whom have yet to reach agreements on key concessions, despite months of talks. Most industry insiders were not entirely surprised, given the political mood. Tags: Brief. No successor has been named yet.

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Green Car Congress

JUNE 1, 2009

The New GM will incorporate the terms of GM’s recent agreements with the United Auto Workers (UAW) and Canadian Auto Workers (CAW) unions and will be led by GM’s current management team. billion, along with additional liabilities, including an estimated $20 billion obligation to the UAW VEBA. GM Manufacturing Plans. Orion, Mich.

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Green Car Congress

APRIL 27, 2009

General Motors presented an updated Viability Plan that accelerates and deepens the cuts in US brands and nameplates, dealers, manufacturing operations and employees intended to enable GM North America to breakeven (on an adjusted EBIT basis) at a US total industry sales volume of approximately 10 million vehicles.

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Green Cars News

JULY 11, 2009

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. UAW Retiree Medical Benefits Trust: 17.5%. Tags: Cars Green cars Latest news general motors GM New General Motors New General Motors launch New GM.

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