answersLogoWhite

0

Who owns general motors company?

Updated: 9/21/2023
User Avatar

Wiki User

12y ago

Best Answer

The US Treasury will initially own 60% of the "New GM," while the Canadian and Ontario governments together have 12% in exchange for $9.5 billion in financing. The United Auto Workers' health care trust fund owns 17.5% and the remaining 10% is owned by unsecured creditors in the form of bondholders, they're also being given warranties for a further 15%. I realize that this only adds up to 99.5%, so I assume some rounding knocked off that last half percent.

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Who owns general motors company?
Write your answer...
Submit
Still have questions?
magnify glass
imp