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. 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 old GM: 10%.

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Green Cars News

SEPTEMBER 8, 2009

Its dive into the financial doldrums was short-lived however, and on July 10, 2009, the company bounced back with the formation of a new, downsized GM (see article ). The company already has several successful vehicles including the Chevy Malibu, Buick Enclave and Cadillac CTS/CTS-V which have received critical acclaim.

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Green Car Congress

JULY 10, 2009

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%.

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