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GM Plans To Build Future Small Car In US

Green Car Congress

General Motors plans to build a future small car in the United States utilizing an idled UAW-GM facility. I would like to personally thank the UAW for agreeing to work with us to ensure our overall manufacturing competitiveness in the United States. Tags: Brief.

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Federal Bankruptcy Court Approves GM Asset Sale to New GM

Green Car Congress

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.

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GM Files Voluntary Chapter 11; Agreements with US Treasury and Canada; New GM Expected in 60-90 Days

Green Car Congress

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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Ford Investing $550M to Retool SUV Plant to Produce Focus Small Car and EV

Green Car Congress

Along with the physical transformation at Michigan Assembly Plant, the UAW and Ford are working on a framework of new and class-leading operating practices that will enable the plant to operate at a high level of productivity while producing best-in-class quality products in a safe work environment. Ford President and CEO Alan Mulally.

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GM Releases New Viability Plan, Launches Bond Exchange; Phasing Out Pontiac

Green Car Congress

If the exchange succeeds, GM shares will be 89% owned by a combination of the US Treasury and the UAW Voluntary Employee Benefit Association (VEBA); the US Treasury will own at least 50%. million total vehicles sold in the United States. million total vehicles sold in the United States. Fritz Henderson.

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The New General Motors Launches; Lutz Unretiring

Green Car Congress

The new General Motors Company is primarily owned by the governments of the United States, Canada and Ontario, and by a trust fund providing medical benefits to UAW retirees. UAW Retiree Medical Benefits Trust: 17.5%. Tags: Market Background Vehicle Manufacturers. Canada and Ontario governments: 11.7%.