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In 1961, the company changed its name to Automatic Data Processing, Inc. (ADP), and began using punched card machines, check printing machines, and mainframe computers. ADP went public in 1961 with 300 clients, 125 employees, and revenues of approximately US$400,000. [3] The company established a subsidiary in the United Kingdom in 1965.
Only a few weeks back GM initiated performance-based job cuts, which the company made clear to say did not amount to layoffs, for 500 salaried employees, less than 1% of GM’s 81,000 global ...
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.
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 China.
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Bowling Green Assembly. / 37.01139; -86.36661. The Bowling Green Assembly Plant is a General Motors automobile factory in Bowling Green, Kentucky. It is a specialized plant assembling GM's Y-body sports cars, the Chevrolet Corvette and formerly the Cadillac XLR. It was first opened on June 1, 1981.
GM also raised its full-year 2023 guidance, with the company seeing EBIT-adjusted earnings of $11.0 billion-$13.0 billion, compared to a prior outlook of $10.5 billion-$12.5 billion. GM sees FY ...