General Motors will terminate 1,100 dealerships in the United States by October 2010.
Automaker Not Renewing Franchises; Company Says Bankruptcy Possible Without Bond Deal
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- Rose Acre Farms recalls around 207 million eggs from a farm in North Carolina after 22 people fell ill with suspected "Salmonella braenderup". It is the largest recall of eggs in the United States since 2010.
- Fiat Chrysler Automobiles (FCA) and the United Auto Workers (UAW) reach a new tentative four-year labor agreement, averting a threatened strike of the automaker's U.S. operations. The agreement must be ratified by a vote of FCA's 40,000 U.S. union workers, who rejected the previous proposal earlier this month. If ratified, the UAW intends to use the pact as a template for negotiations with General Motors Co. and Ford Motor Company.
- General Motors announces that it will pay its United States hourly workers more than $4000 each as a share of profits.
- Auto maker General Motors is listed again on the New York Stock Exchange in the biggest Initial public offering in United States history.
- United States car maker General Motors files for an Initial Public Offering.