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General Motors Financial Company, Inc. is the financial services arm of General Motors. The company is a global provider of auto finance, with operations in the United States, Latin America, Canada, Europe (which was sold to PSA Groupe and BNP Paribas following the sale of GM's core area businesses Opel and Vauxhall in a $2.2 billion deal), and ...
General Motors' rising retiree health care costs and Other Post Employment Benefit (OPEB) fund deficit prompted the company to enact a broad restructuring plan. Although GM had already taken action to fully fund its pension plan, its OPEB fund became an issue for its corporate bond ratings.
GM directly employs 123,000 in all of North America. An estimated two million people relied on the industry for health care and 775,000 retirees collect auto-industry pensions. Hourly wages and benefits. Gary Burtless of the Brookings Institution argued that hourly wages were similar between the Big Three and the transplants.
The automaker spun off its insurance business in 2008. GM contends that its telematics data coupled with its knowledge of the vehicle and its features will allow it to offer deep discounts to...
General Motors said Tuesday that it has completed its contract with the U.S. Department of Health and Human Services for 30,000 critical care ventilators delivered to the Strategic National Stockpile.
The company announced on-device AI features on Wednesday, including personalized health scores, tips, sleep indicators and suggested workout routines.
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