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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 China.
Mary Teresa Barra (née Makela; born December 24, 1961) is an American businesswoman who has been the chair [ 1 ] and chief executive officer (CEO) of General Motors since January 15, 2014. [ 2 ] She is the first female CEO of a 'Big Three' automaker. [ 3 ][ 4 ][ 5 ] In December 2013, GM named her to succeed Daniel Akerson as CEO. [ 3 ]
On the March 30, 2009, deadline President Barack Obama declined to provide financial aid to General Motors, and requested that General Motors produce credible plans, saying that the company's proposals had avoided tough decisions, and that Chapter 11 bankruptcy appeared the most promising way to reduce its debts, by allowing the courts to ...
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Motors Liquidation Company ( MLC ), formerly General Motors Corporation, was the company left to settle past liability claims from Chapter 11 reorganization of American car manufacturer General Motors. It exited bankruptcy on March 31, 2011, only to be carved into four trusts; the first to settle the claims of unsecured creditors, the second to ...
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