Even after Canadian taxpayers contributed $3.2 billion (Canadian) to General Motors’ pension fund after GM’s bankruptcy proceedings in 2009, the company’s pension fund for unionized employees is still short $2.2 billion – a fair amount for a plan that’s responsible for 30,000 employees.
Posted in Canada, Chapter 11, Industry, New Cars, News Blog
Tagged as Canada, domestic cars, general motors, GM, Pensions
Tagged as Canada, domestic cars, general motors, GM, Pensions
Recent Comments
andreroy55 - Shouldn’t be any problem raking the windshield as much as you want and still let it fold down. What would be...
Zelgadis - I still have a Matchbox car of this thing, painted up in the most hideous shade of orange. :)
jeffzekas - A diesel motor would be awesome, since bad fuel mileage is what kept me from buying a Wrangler back in 2003- And...
blowfish - Rico did tried his Schlieffen plan to take over Air Canada and probably tried very hard to detatch the unfunded liabilities of the employees...
Beerboy12 - Auto box in off road use is for people who are unfamiliar with engine breaking downhill or maintaining absolute wheel...
blowfish - is not easy to make the room bigger inside an already built house. One of the Li brother never graduated from the famous stanford university,...
5ivegearsinreverse - According to popular rumour, the Audi 100 C2 Avant was very nearly a Volkswagen – at the...
FreedMike - Call me a heretic, but I actually liked the previous series XJ better – high tech construction with old school styling. Interesting mix. It just seems...
FreedMike - You’re comparing a ‘top spec’ Range Rover, which will easily go for six figures, with a Jeep Grand Cherokee?
Pete Zaitcev - I dunno, I always lock in 1st when I go 4L. I don’t want the box shifting on me when I least expect. Now an...