May 24, 2013 8:11 PM ET

Automobiles

Company Overview of Motors Liquidation Company

Company Overview

On March 31, 2011, Motors Liquidation Company went out of business as per its Chapter 11 liquidation filing under bankruptcy. Motors Liquidation Company and its subsidiaries completed the sale of substantially all of their assets to General Motors Company on July 10, 2009. The company was designs, manufactures, and markets cars and light trucks worldwide. It was formerly known as General Motors Corporation and changed its name to Motors Liquidation Company on July 9, 2009 in connection with the sale of substantially all of its assets pursuant to Section 363(b) of the Bankruptcy Code and the Bankruptcy Court’s sale order dated July 5, 2009. Motors Liquidation Company was founded in 1908 and i...

Detailed Description

300 Renaissance Center

Detroit, MI 48265-3000

United States

Founded in 1908

235,000 Employees

Phone:

313-556-5000

Fax:

313-556-5108

Key Executives for Motors Liquidation Company

Motors Liquidation Company does not have any Key Executives recorded.

Motors Liquidation Company Key Developments

General Motors Powertrain Invests $129 Million in Ohio, Indiana and Michigan Plants

General Motors Powertrain plants in Ohio and Indiana that make transmissions for Buick and Chevrolet models with eAssist fuel-saving technology will get the bulk of a $129 million investment. The money is part of $2 billion being invested in 17 facilities in eight states over the next 18 months and will create or retain 4,000 jobs. For plants in Toledo, Ohio, and Bedford, Ind., it is a second helping of investment since May, bringing total investment at the plants to $287 million and $81 million respectively. Toledo, which earlier was targeted for a $204 investment, will get an additional $83 million for enhancements to a six-speed transmission already produced in the plant that will be used in the Buick Lacrosse beginning this fall and the 2013 Chevrolet Malibu debuting early next year. The new money will support addition or retention of 30 jobs at the plant that employs about 1,600. Bedford, which earlier was named for a $49 million investment, is receiving $32 million for enhancements to the die-cast case and torque converter on the six-speed transmission assembled in Toledo. Bedford's employment of 405 is unchanged by the new investment. Separately, an investment of $15 million to $20 million is planned that will retain 60 jobs at the GM Components Holding plant in Wyoming, Mich. The investment will support various powertrain projects.

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