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John McNamara (fraudster) John M. McNamara (born 1940) [1] [2] is an American convicted felon and former businessman. McNamara was convicted of a Ponzi scheme fraud through gaining loans to a value of $6 billion from General Motors financing arm GMAC, to develop a $400M car sales and property development business.
The film continues into a description of the General Motors streetcar conspiracy, starting with a history of National City Lines and Pacific City Lines and General Motors' investment in both companies. The film builds the argument that streetcar systems purchased by these companies were deliberately sabotaged through service reductions and fare ...
GM fined $5,000. The General Motors streetcar conspiracy refers to the convictions of General Motors (GM) and related companies that were involved in the monopolizing of the sale of buses and supplies to National City Lines (NCL) and subsidiaries, as well as to the allegations that the defendants conspired to own or control transit systems, in ...
SAN FRANCISCO (Reuters) -Cruise, the robo-taxi unit of General Motors, on Thursday suspended the program under which GM buys back employees' shares, following an accident that led to the pause of ...
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General Motors bankruptcy. Only days after approaching the U.S. Government to seek further funding, General Motors published its losses for the final quarter of 2008 to be at $9.6 billion (£6.7 billion). This brought its overall 2008 losses to $30.9 billion. In 2007, General Motors made a loss of $38.7 billion.
The GM rumor mill has long been a lively one, much to the delight of GM's competitors, who can often figure out what the General is up to long before its new products arrive in showrooms.
Cruise LLC. Cruise LLC is an American self-driving car company headquartered in San Francisco, California. Founded in 2013 by Kyle Vogt and Dan Kan, [ 4][ 5][ 6] Cruise tests and develops autonomous car technology. The company is a largely autonomous subsidiary of General Motors. [ 7]