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4 Jan 2016, 12:31 pm by Associated Press
DETROIT — General Motors Co. and ride-hailing company Lyft Inc. are forming an unprecedented partnership that could help them beat their rivals to the self-driving future. [read post]
18 Sep 2009, 8:27 am
In June of this year, DOE announced conditional loan offers to Ford Motor Company, Tesla Motors, and Nissan Motors for a total of $8 billion. [read post]
11 Jan 2023, 2:41 pm
   In 2019, motor vehicle crashes cost taxpayers $30 billion. [read post]
1 Jun 2009, 10:35 am
  Chevrolet-Saturn of Harlem Inc., sought bankruptcy protection today, the first of many filings in the bankruptcy process. [read post]
8 Dec 2009, 11:09 pm by Randall Reese
The proofs of claim covered by this objection assert over $5.4 billion in claims ($1.6 billion secured, $1.6 billion administrative, $143 million priority, and $2 billion unsecured). [read post]
26 Feb 2010, 6:20 am
Bankruptcy for GMAC Inc., the auto and home lender majority owned by the U.S. government, would have cost the government as much as $50 billion, the Treasury Department's lead auto industry adviser said. [read post]
8 Jul 2009, 6:40 pm by Bankruptcy Attorney
Old GM is set to receive approximately $45 billion in assets, plus the value of equity interests that it will receive in New GM. [read post]
17 Aug 2010, 8:18 am by Scott Stewart
He co-founded PayPal Inc., which was purchased in 2002 by eBay for 1.5 billion. [read post]
10 Mar 2010, 10:35 am
Despite protests from state officials and employees, the Fremont-based Toyota manufacturing plant known as NUMMI (New United Motor Manufacturing Inc.) is moving ahead with plans to close the production facility as of April 1, 2010. [read post]
23 Apr 2009, 7:17 am
Ashland Inc., the maker of Valvoline motor oil, has filed sit against Oppenheimer & Co. for selling the company $194 million of illiquid auction-rate securities after lying about the nature of auction-rate securities and the stability of the auction-rate securities market. [read post]
11 Sep 2012, 5:27 pm
The United States Treasury Department has sold $18 billion of American International Group Inc. [read post]
13 Jun 2012, 6:30 am by Julia Kim
Ally Financial was the financial arm of General Motors and, while taxpayers currently own only approximately 25% of G.M. after the $17.2 billion bailout, they still own 74% of Ally. [read post]
15 Oct 2018, 6:01 am
Posted by Megan Von Duhn, Equilar, Inc., on Monday, October 15, 2018 Editor's Note: Megan Von Duhn is a Senior Research Analyst at Equilar, Inc. [read post]