After changing its name, the American car manufacturer General Motors ( GM ), just out of bankruptcy in the wake of 60 million euros in aid from the United States and Canada, again under a new structure.
The launch is official and formal. Out of the system of bankruptcy with the help of U.S. and Canadian governments, who provided $ 60 billion since December, General Motors became GM. An entity centered on active and healthy group majority owned by the U.S. State.
"The new company began its work today with a new structure, a stronger balance sheet and a renewed commitment to place the consumer at the heart of everything that the new GM," says group a news release. "Today is the beginning of a new era," said Friday that the Chief Fritz Henderson, during a press conference.
Now, GM will focus on 4 main brands: Buick, Cadillac, Chevrolet and GMC.
The first American automobile manufacturer, which had filed the bankruptcy on June 1, has been made by a judicial expedited before the bankruptcy court in New York.
Thursday, a final barrier had been lifted to allow the emergence of bankruptcy of the group, with the green light by the bankruptcy judge Robert Gerber, who approved the centerpiece of the plan out of bankruptcy of the sale of its assets healthier with a new entity to shareholders fundamentally overhauled.
Jobs Opportunities at GM
The new GM is 60.8% owned by the American state, to 11.7% by the Canadian State, to 17.5% by the UAW union American automobile and 10% by creditors.Last month, GM announced its intention to build a new small fuel-efficient car at a plant in Orion Township, Michigan, which will restore approximately 1,400 jobs.


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