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A 1932 Pontiac. Established in 1926 as a companion of Oakland, it was the first marque released as part of the companion make program. Sloan, who had replaced du Pont as GM president in 1923, [18] decided to create various "companion makes" to fill the variety of gaps that had developed in the original pricing hierarchy. [19]
In contrast to the Hummer H1–designed and assembled by AM General, the Hummer H2 and Hummer H3 were developed by GM, receiving their own platform designations. Designated the GMT825, the H2 was derived from the GMT820 (Chevrolet Tahoe/GMC Yukon), with its own midsection frame design and a rear frame shared with the 2500-series GMT800 pickup trucks.
BrightDrop is a subsidiary [1] business created by the American manufacturer General Motors in 2021. [2] The business offers a system of connected products targeting first- and last-mile delivery customers, including light commercial electric vehicles, ePallets, and cloud-based software.
The plan was introduced on September 20, by Paulson. Named the Troubled Asset Relief Program, [24] but also known as the Paulson Proposal or Paulson Plan, it should not be confused with Paulson's earlier 212-page plan, the Blueprint for a Modernized Financial Regulatory Reform, [37] that was released on March 31, 2008.
General Motors did not meet two specific requirements — torque required and vibration environment — for the ignition switch. The torque, or rotational power that prevents the ignition switch from changing modes, was required to be between 10 N·cm and 20 N·cm (Newton centimeters).
For fiscal year 2007, GM's losses for the year were US$38.7 billion, (~$54.8 billion in 2023) [18] and sales for the following year dropped by 45%. [19] On November 7, 2008, General Motors reported it had projected it would run out of cash around mid-2009 without a combination of government funding, a merger, or sales of assets. [20]
General Motors purchased the company on June 20, 1930 and renamed it the Winton Engine Corporation on June 30, 1930. GM changed the name in 1938 to the Cleveland Diesel Engine Division of General Motors Corporation. [2] [3] Cleveland Diesel was dissolved by GM in 1962, with its remaining production moved under the GM Electro-Motive Division.
Middle school and high school students receive the aforementioned discounts on fares. Student discounts require a "Student CharlieCard" or "S-Card" issued through the holder's school which is valid year-round. [133] College students are not generally eligible for reduced fares, but some colleges offer a "Semester Pass" program. [135]