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The loan funded a separate account established by GM Warranty LLC, a new special purpose subsidiary of GM that was formed to operate the warranty program. GM also on May 29, 2009, contributed $49.2 million to GM Warranty LLC to fund the program. [35]
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 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 ...
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.
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 ...
GM's Winter said the Chevrolet Silverado EV work truck is a fleet purchase that still qualifies for the commercial tax credit. The retail version of the Silverado EV should be available later this ...
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