Statements (68)
Predicate | Object |
---|---|
gptkbp:instanceOf |
bankruptcy
|
gptkbp:aftermath |
Led_to_a_more_competitive_GM
|
gptkbp:brand |
Impacted_GM's_various_brands_like_Chevrolet_and_Cadillac
|
gptkbp:CEO |
gptkb:Rick_Wagoner
|
gptkbp:community_engagement |
Mixed reactions from the public
|
gptkbp:community_impact |
Community relations were strained
|
gptkbp:community_service |
Controversial public assistance measures
|
gptkbp:consequences |
Dealers faced uncertainty and changes in contracts
Restructured debt and equity |
gptkbp:court |
Involved complex legal negotiations
|
gptkbp:cultural_impact |
Corporate culture underwent changes
Diversity initiatives were impacted Labor relations were significantly altered |
gptkbp:date |
June 1, 2009
|
gptkbp:duration |
Approximately 40 days
|
gptkbp:economicActivity |
Part of the 2008 financial crisis
|
gptkbp:environmental_impact |
Increased focus on environmental sustainability
Led to stricter regulations in the auto industry Shareholders lost most of their investments Signaled a major crisis in the auto industry Supply chain management was restructured |
gptkbp:filingLocation |
gptkb:U.S._Bankruptcy_Court_in_New_York
|
gptkbp:financial_aid |
Conditions attached to federal aid
|
gptkbp:financialPerformance |
Financial stability was a major concern
Investors faced significant losses |
gptkbp:future_plans |
Adopted new strategies for sustainability
Led_to_the_creation_of_a_new_GM |
gptkbp:healthcare |
Healthcare_benefits_were_renegotiated
|
https://www.w3.org/2000/01/rdf-schema#label |
GM bankruptcy in 2009
|
gptkbp:impact |
Customer confidence affected
Future growth strategies were redefined Increased competition among automakers Influenced future corporate bankruptcies Led to a focus on fuel-efficient vehicles Suppliers faced financial difficulties Technology investments were prioritized. Thousands of jobs lost |
gptkbp:influence |
Affected_GM_operations_worldwide
|
gptkbp:innovation |
Innovation efforts were redirected
Stimulated innovation in the auto sector |
gptkbp:internationalClassification |
Global_reactions_to_U.S._auto_industry_crisis
|
gptkbp:internationalCooperation |
International operations were reassessed
|
gptkbp:investmentFocus |
Investment strategies were revised
|
gptkbp:is_a_key_player_in |
Barack_Obama,_Treasury_Secretary_Timothy_Geithner
|
gptkbp:is_involved_in |
Negotiated with bondholders and creditors
|
gptkbp:leadership |
Mary_Barra_became_CEO_in_2013
|
gptkbp:legacy |
Changed_the_landscape_of_American_manufacturing
|
gptkbp:losses |
$82 billion in losses from 2004 to 2008
|
gptkbp:marketingStrategy |
Marketing strategies were reevaluated
|
gptkbp:media_coverage |
Extensive media coverage during the process
|
gptkbp:operational_status |
Returned to profitability in 2010
|
gptkbp:outcome |
Chapter_11_bankruptcy_protection
|
gptkbp:owner |
Government became majority owner
|
gptkbp:partnerships |
Partnerships with other companies were affected
|
gptkbp:party |
Received $50 billion in federal aid
|
gptkbp:public_perception |
Increased scrutiny of corporate governance
|
gptkbp:reform |
Involved closing plants and reducing workforce
Led to discussions on financial regulations Prompted_calls_for_bankruptcy_law_reform |
gptkbp:relatedEvent |
Decline_in_U.S._auto_sales
|
gptkbp:reputation |
Reputation took a significant hit
|
gptkbp:research_focus |
Research and development budgets were cut
|
gptkbp:retirementYear |
Pension plans were affected
|
gptkbp:significance |
Largest_bankruptcy_filing_in_U.S._history_at_the_time
|
gptkbp:social_responsibility |
Auto_Industry_Financing_Program
|
gptkbp:stockSymbol |
Stock prices of competitors fluctuated
|
gptkbp:strategicGoals |
Shifted focus to electric vehicles
|
gptkbp:treaty |
Agreed_with_the_UAW_on_labor_costs
|