Jan 19, 2012 ... But G.M.'s ability to climb back on top, only two years removed from its government rescue and bankruptcy, is certain to bolster morale within the company and strengthen the Obama administration's argument that its bailout of the industry was worthwhile. G.M. was the world's largest automaker for more ...
Oct 3, 2017 ... The U.S. government bailout of the auto industry lasted from January 2009 to December 2013. The Big Three automakers approached Congress in November 2008. They warned that, without the bailout, GM and Chrysler faced bankruptcy and the loss of one million jobs. Ford didn't need the funds, since it ...
The next year, Durant started the Chevrolet Motor Car Company in the U.S., and in Canada in 1915, and through this, he secretly purchased a controlling interest in GM. Durant took back control of the company after one of the most dramatic proxy wars in American business history. Durant then reorganized General Motors ...
Jan 19, 2012 ... It's been three years since General Motors could claim to be the world's best selling automaker. But now it is back in the driver's seat. Image via Wikipedia GM said Thursday that it sold 9.025 million vehicles in 2011. That would put it first among global carmakers, ahead of Volkswagen, with sales [...]
That's why, over the past couple of years, a number of major automakers—General Motors, Nissan, Volkswagen—have lined up with plans to offer an electric car ... General Motors first unveiled the Chevy Bolt as a concept car in January 2015, billing it as a vehicle that would offer 200 miles of range for just $30,000 (after a ...
(After the auto bailout) General Motors is back on top as the world’s No. 1 automaker.