-
Recent Posts
- Abgewürgt – Volkswagen German Collective Bargaining
- Subaru 2025 Forester Wilderness SUV – $36,415
- EPA – Tighter NOx Emissions Limits on Combustion Turbines
- Hyundai Debuts 2026 IONIQ 9 EV SUV
- Stellantis Bets the Company on STLA Frame
- Large European Job Cuts Coming at Ford, Again
- Lexus, Honda Top 2025 U.S. ALG Residual Values
- Pablo Di Si Out at VW Group of America
- DOJ – Cruise Deferred Prosecution for Pedestrian Crash
- Toyota Huntsville Finishes 168-acre Solar Array
- October Global Light Vehicle Sales Rate at 93 Million
- On Sale? New Vehicle Incentives Rise in October
- Vast Executive Reorganization at Hyundai Group
- National Recycling Plan Advancing Circular Economy
- First Look New 2025 Acura ADX Compact SUV
Recent Comments
- NHTSA Fines Ford $165M for Flouting Recall Law | AutoInformed on Ford Recalls Defective Rear-view Cameras on 620,246 Vehicles
- Alfa Romeo Returns to Formula 1 in 2018 via Sauber on Alfa Romeo Returns to Formula 1 in 2018 via Sauber
- American Airlines and JetBlue Alliance Blocked | AutoInformed on Justice Sues to Block JetBlue’s Purchase of Spirit Airlines
- UAW President Shawn Fain on 2024 Presidential Election on Donald Trump is a Scab – UAW Endorses President Biden
- Toyota Motor FY2025 Q2 Earnings Down Significantly | AutoInformed on More Toyota Certification Problems Emerge from MLIT Probe
Archives
Meta
Tag Archives: government motors
GM Prices $4.5 Billion of Bonds to Buy Back VEBA Stock
General Motors Company announced today the pricing of three series of bonds that it will sell and use the $4.5 billion in proceeds to buy back stock from the UAW Retiree Medical Benefits Trust. Continue reading
Posted in financial results
Tagged autoinformed, autoinformed.com, government motors, Ken Zino, uaw veba
Leave a comment
Treasury Secretary Defends $80 Billion Auto Bailout, Says 90,000 Jobs Added in Strongest Growth Period in Decade
“For the first time since 2004, all three American automakers have an operating profit. And since GM and Chrysler emerged from bankruptcy in June 2009, the industry has added nearly 90,000 jobs—the strongest period of job growth in more than 10 years,” Geithner said. Continue reading