| LC control no. | n 79079577 |
|---|---|
| Descriptive conventions | rda |
| Corporate name heading | General Motors Corporation |
| Variant(s) | Dzheneral motors G.M.C. General Motors General Motors Corp. GM GMC |
| See also | Elmore Manufacturing Company Predecessor: General Motors Company i Successor: Motors Liquidation Company |
| Beginning date | 1908-09-16 |
| Ending date | 2009-07-10 |
| Located | Detroit (Mich.) |
| Field of activity | Motor vehicles--Design and construction Motor vehicles--Parts--Design and construction Motors vehicles--Marketing Automobile industry and trade--Finance |
| Found in | 1982 service manual supplement, c1981: cover (GMC) GM facts, Feb. 16, 1940, surrogate: caption (GM) p. 1, etc. (General Motors; General Motors Corp.) NUCMC data from Hayes Presidential Center for Elmore Manufacturing Company. Records, 1900-1905 (Elmore Manufacturing Company; sold to General Motors in 1909; located in Clyde, Ohio) Motors Liquidation Company expected to distribute more than 75% of the stock and warrants that it owns in General Motors Company on or about April 21, via WWW, June 13, 2020 (April 14, 2011 02:36 PM Eastern Daylight Time ... On June 1, 2009, General Motors Corporation and certain subsidiaries filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the Southern District of New York. An order was entered approving the sale of substantially all of the company's operating assets to a new and independent company under Section 363 of the Bankruptcy Code and the sale closed on July 10, 2009. On that date, General Motors Corporation changed its name to Motors Liquidation Company) <https://www.businesswire.com/news/home/20110414006700/en/Motors-Liquidation-Company-Expected-Distribute-75-Stock> Bankruptcy court OKs sale of GM assets to NGMCO Inc. RP news wires, Noria Corporation. General Motors achieved another milestone in its reinvention last night, July 5 [2009], when Judge Robert E. Gerber of the U.S. Bankruptcy Court for the Southern District of New York approved the sale of substantially all of General Motors Corporation's assets to NGMCO Inc., an entity funded by the U.S. Department of the Treasury. In connection with the closing of the sale transaction, NGMCO Inc. will change its name to General Motors Company and continue to operate under GM's historic corporate and sub-brands. The approval marks another step toward the launch of an independent new GM. The new company will acquire GM's strongest operations and will have a competitive operating cost structure, partly as a result of recent agreements with the United Auto Workers (UAW) and Canadian Auto Workers (CAW). ... GM's subsidiaries outside the United States will be acquired by the new company and are expected to continue to operate without interruption. The new GM will be headquartered in Detroit ... . The UAW Retiree Medical Benefits Trust and the Canadian government each may nominate one member to serve on the board of the new GM. The retiree benefits trust has selected seasoned auto industry analyst Stephen Girsky. Also selected to serve on the board of directors of the new GM are six current members of the General Motors Corporation board ... . The new GM's business is expected to be immediately operational and fully competitive, with an exciting line of new products, a smaller, more focused brand portfolio and the rationalization of its dealer network well underway. Current GM employees will be offered positions by the new company. ... In connection with the closing, the current General Motors Corporation will change its name to Motors Liquidation Company. Retained assets will be wound down or sold. A new board of directors will oversee that process and the liquidation of the company under the supervision of the Bankruptcy Court) <https://www.reliableplant.com/Read/18653/bankruptcy-court-oks-sale-of-gm-assets-to-ngmco-inc> |
| Not found in | Report of General Motors Company for the year ending July 31, ... 1912 |
 |  |  |
View this record in: MARCXML | LC Authorities & Vocabularies | VIAF (Virtual International Authority File)
