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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%.