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The Detroit Free Press has learned more details on when GM and the UAW will start the first phase of the $50,000 retirement buyout program. Here is when to expect GM's $50,000 buyout program for ...
On May 27, 2009, the U.S. Treasury advanced a secured loan of US$360.6 million to GM, and GM issued a note to the Treasury for US$360.6 million, plus $24.1 million USD as additional compensation for the warranty advance, pursuant to the terms of the Warranty Agreement dated December 31, 2008, between GM and the U.S. Treasury. The loan funded a ...
The GM BT1 platform, marketed under Ultium branding, is a dedicated electric vehicle architecture or platform developed by General Motors (GM). It underpins electric full-size pickup trucks and SUVs sold by GM, using battery and motor technology developed under its Ultium program; these are shared with third-generation GM electric vehicles on the BEV3 platform.
The 2% figure means about 900 of the approximately 46,000 union members across GM get the buyout in this first program phase. The UAW says about 7,800 GM hourly workers are eligible for retirement ...
FWD/AWD. 2015. 2015–2019 Opel Karl. 2015–2019 Vauxhall Viva. 2016–2022 Chevrolet Spark. 2016 – 2018 Holden Spark. 2019–2022 VinFast Fadil *. 2021–present Chevrolet Trax. The successor to the Gamma II platform, in accordance with GM's renaming of most of their platforms in "_ _ XX" format circa 2015.
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