Dashboard News » GM bankrupt http://www.dashboardnews.com Just another WordPress weblog Tue, 07 Sep 2010 16:50:17 +0000 http://wordpress.org/?v=2.8.4 en hourly 1 GM bouncing back strong http://www.dashboardnews.com/2010/02/24/gm-bouncing-back-strong/ http://www.dashboardnews.com/2010/02/24/gm-bouncing-back-strong/#comments Thu, 25 Feb 2010 02:39:45 +0000 Staff http://www.dashboardnews.com/?p=580 Don’t mess with the General. GM announces the addition of a 3rd shift at Lordstown as the automaker ramps up for the new Chevy Cruze. If this vehicle is a hit GM will be “cruzing” into the Spark launch in the near future.

From the Detroit News:

General Motors Co. has invested $1.4 billion in more than a dozen plants and created about 5,500 jobs since emerging from bankruptcy court in July.

The investment and job moves are a stark contrast to last year, when GM shed factories, implemented unprecedented production cuts and slashed thousands of jobs in bankruptcy.

GM emerged from bankruptcy with about $50 billion in federal aid.

Read the full article here.

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