I was quite surprised with the GM turnaround - they had a lot of debt. The following is from a Corvette mailing list...
On 4/24/2010 12:02 PM, Mike M..... wrote: > So what happened to the old GM? Is it something we don't talk about? a > Mulligan? a Gimmie? > ----- The reply by David K... was incredible-------- The GM of old went bankrupt and changed its name to "Motors Liquidation Company". Their new web site is here: https://www.motorsliquidation.com/ A new company was formed (Vehicle Acquisition Holdings LLC) and bought the rights and assets to GM's products, conveniently neglecting to take it's debt. GM changed it's name to Motors Liquidation and then Vehicle Acquisition LLC changed it's name to "General Motors Company". Carl Lindner _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/000301cae3da$0bf1c490$23d54d...@com ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
