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motors liquidation co

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    Report: Trust says Old GM shorted property cleanup funds by $13.5M

    A special trust called RACER was created last year to clean up 89 contaminated sites left behind by the old General Motors in 14 states. According to a report in the Detroit Free Press, GM was meant to provide $625.2 million (an earlier report in the Detroit News indicated $773 million) to pay for ...

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    Report: Old GM coughs up $2.8M to 12 states for mercury claims

    Parts containing mercury were used for items like anti-lock brakes sensors and hood light switches until 2004. The following year, an umbrella organization called End of Life Vehicle Solutions (ELVS) began retrieving the mercury switches from junked cars, its activities paid for by contributions ...

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    Toyota suing Old GM over shutdown of NUMMI plant?

    Toyota is still upset about how its joint NUMMI venture with General Motors was handled, and according to Automotive News, the Japanese automaker has now filed a lawsuit to the tune of $73 million. The suit is against Motors Liquidation Co., the company created to pick through the discarded ashes ...

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    'Old GM' asset sell-off includes... an abandoned Indiana church and a golf course?!

    Attention is focused on the new General Motors, but behind the scenes the dismantling of the old GM, now known as Motors Liquidation Co., continues. Last week another auction was held in a series of highest-bidder events going back to September of 2009. The Livonia engine plant, home of Northstar ...

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    REPORT: GM gets out from under its polluted sites scot-free

    Among those clamoring for attention and payouts from Motors Liquidation Co., the company that assumed General Motors' unwanted assets after its Chapter 11 filing, are the environmental and economic redevelopment departments of state governments. According to reports, when GM exited bankruptcy, ...


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