History of Chrysler GMAC for Chrysler, potentially merging two of Detroit's "Big Three" automakers. These talks did not come to fruition, and were discontinued the next month. On October 24, 2008, Chrysler announced a 25% cut (5,000 jobs) in its salaried and contract workforce in November 2008. Michigan Gov. Jennifer Granholm announced that she, along with 5 other governors, sent a letter to Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke requesting emergency funding for the Detroit Big Three Automakers. On the same day, General Motors asked the Treasury Department of the United States for $10 billion to help restructure both
General Motors Theatre General Motors Theatre General Motors Theatre (also known as CBC Theatre and General Motors Presents) was a Canadian television anthology series, which ran on CBC Television under its various titles from 1953 until 1961. First transmitted under the sponsored title on October 5, 1954, a new 60-minute drama would be presented each week. As suggested by the title, the programme was sponsored by the General Motors automobile company. It was effectively the same series as the unsponsored "CBC Theatre", which had run its first season from December 1, 1953 to April 20, 1954, with General Motors becoming title sponsor for