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Suggest changing the title to reflect that this is a General Motors documentary. They are still around! Why not credit them?
by kumarsw 6y ago
Suggest changing the title to reflect that this is a General Motors documentary. They are still around! Why not credit them?
- djbebs 6y agoThe general motors today is not the same company that made this video. In 2008 the original general motors was effectively dissolved, the current GM simply purchased some of their assets, which happened to include their names and trademarks.
- mensetmanusman 6y agoHaving 1937 next to the name of any modern day company would imply such.
- djbebs 6y agoNot really, there are plenty of companies founded before 1937 that still exist
- mensetmanusman 6y agoBut the people are dead, so they are the same or different ‘company’ in a similar vein of argument.
- djbebs 6y agoA company is not the people who work for it, or the people that own it. Its its own distinct legal entity.
- neogodless 6y agoDo you have a source to explains how you're describing this? I'm aware of government (financial) aid, as well as appointing government officials to "consult" and direct restructuring, but it's much less clear that it was "effectively dissolved" or that a "new" General Motors purchased assets from the old one. https://www.politico.com/story/2018/12/19/bush-bails-out-us-automakers-dec-19-2008-1066932 https://www.politico.com/story/2018/12/19/bush-bails-out-us-...
- djbebs 6y agoThe wikipedia article is fairly extensive. https://en.m.wikipedia.org/wiki/General_Motors_Chapter_11_reorganization https://en.m.wikipedia.org/wiki/General_Motors_Chapter_11_re...
- Animats 6y agoThe main GM article on Wikipedia used to make that distinction, but it was heavily edited to de-emphasize the fact that the original GM was liquidated. The original company was General Motors Corporation. That went bankrupt, and the name was changed to Motors Liquidation Company. If you were a GM stockholder before the bankruptcy, you ended up with stock in Motors Liquidation. If you were a creditor of GM, you were a creditor of Motors Liquidation. A new company, General Motors Company, was created, and it bought the more useful assets of Motors Liquidation. Not all of them. Motors Liquidation was left to sell off unwanted plants, and such assets as GM's car collection. (GM used to have a collection of one of everything they'd made.) Today's GM is General Motors Company, much smaller than "Old GM".