0
If we can believe the large news agencies in the US, yes, it worked.
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
Do General Motors have to repay the money that they received in the 2008 bailout?
YES
Why did Pontiac Discontinue?
When General Motors took the bailout under TARP, they had to restructure and streamline their operation in order to be granted the government bailout. Likewise, Hummer was eliminated and Saab was sold under the bailout restructuring. Long and short, it was just a brand that GM determined was expendable at a time when they were facing bankruptcy.
How many republican and democrat voted on gm bailout?
In December 2008, the General Motors (GM) bailout was voted on by a majority of Democrats and some Republicans. Specifically, 172 Democrats and 32 Republicans voted in favor of the bailout, while 20 Democrats and 150 Republicans voted against it.
Did John DeLorean work with American motors?
He worked as an engineer for Packard and General Motors, but not American Motors .
Did gmac mortgage receive federal bailout money?
As of today, Jan 9, 2009, General Motors did receive federal bailout money. While it cannot be proven that some of that money went to GMAC without seeing GM's financial records, there is a very high probability that it did.
How many general motors employees are there in china?
10k I would guess 100 times more as 70% of all General Motors work is in China.
How many people work for Chevy?
General Motors has 68,500 employees.
What is the population of General Motors?
General Motors's population is 2,012.
Why was Pontiac discontinued by General Motors?
According to Wikicars, they said that the Pontiac was discontinued because On December 2, 2008, General Motors announced that it was considering eliminating numerous brands, including Pontiac, in order to appease Congress in the hope of receiving a 25 billion dollar bailout[ Read more: Pontiac - Wikicars Under Creative Commons License: Attribution
Who is the chairman for general motors?
Dan Akerson is chairman of the general motors
Is general motors for-profit or not-for-profit?
General motors is for profit company.
How many people in the world work for General Motors?
About 300,000. To be precise, 352,000 in 2005.
