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The General Motors ignition switch recalls refers to February 6, 2014 when General Motors recalled about 800,000 of its small cars due to faulty ignition switches, which could shut off the engine while the vehicle was in motion and thereby prevent the airbags from inflating. [1] The company continued to recall more of its cars over the next ...
General Motors Financial Company, Inc. is the financial services arm of General Motors. The company is a global provider of auto finance, with operations in the United States, Latin America, Canada, Europe (which was sold to PSA Groupe and BNP Paribas following the sale of GM's core area businesses Opel and Vauxhall in a $2.2 billion deal), and ...
GM filed for Chapter 11 reorganization in the Manhattan New York federal bankruptcy court on June 1, 2009, at approximately 8:00 am EDT. June 1, 2009, was the deadline to supply an acceptable viability plan to the U.S. Treasury. The filing reported US$82.29 billion in assets and US$172.81 billion in debt.
In GM's filing, it also listed the 2023 total compensation of other key GM officers: President Mark Reuss : $17,966,292 up from $14,349,551 in 2022. CFO Paul Jacobson : $11,123,924, up from ...
General Motors' (GM) faulty ignition switch caused 13 deaths by GM's count and many others by the tally of lawyers and ... CEO pay has risen 725 percent since 1978 whereas the average employee's ...
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