The United States Treasury and the Canadian government are today the majority owners in Gm after Gm on June 1, 2009 was forced to file for Chapter 11 backruptcy. This is a result of the fact that the US goverment invested $57.6 billion in TARP money in the company to save it. General Motors was [...]
The giant of the motoring industry, General Motors, who own brands like Chevrolet, GMC, Cadillac, Pontiac and Buick, have reveasleda line-up of new car £. Only last month General Motors recovered from 40 days of bankruptcy where the US Government invested $50 billion into the company, of which is now 60% owned by the taxpayers.
Now [...]
Earlier this year General Motors, owner of Chevrolet, files for bankruptcy. However, they have sold off some of their companies and managed to turn themselves around, and now as of July this year, they have stopped receiving protection from the US government.
Now they have managed to pull themselves up, they are now building the company [...]
