General Motors Company, commonly referred to as General Motors (GM), is an American multinational corporation headquartered in Detroit that designs, manufactures, markets, and distributes vehicles and vehicle parts, and sells financial services, with global headquarters in Detroit's Renaissance Center. It was originally founded by William C. Durant on September 16, 1908 as a holding company. The company is the largest American automobile manufacturer, and one of the world's largest. As of 2018, General Motors is ranked #10 on the Fortune 500 rankings of the largest United States corporations by total revenue.
General Motors manufactures vehicles in 37 countries; its core automobile brands include Chevrolet, Buick, GMC, and Cadillac. It also owns or holds controlling interest in foreign brands such as Holden, Wuling, Baojun, and Jiefang. Annual worldwide sales volume reached a milestone of 10 million vehicles in 2016.
|General Motors Company|
|General Motors Corporation|
|Traded as||NYSE: GM|
S&P 100 Component
S&P 500 Component
|Founded||September 16, 1908|
|Founders||William C. Durant|
Charles Stewart Mott
Frederic L. Smith
Number of locations
|396 facilities on six continents|
|Worldwide (except Hong Kong, Macau, Cuba, Iran, North Korea, Somalia, Sudan, Syria and Afghanistan)|
|Mary T. Barra|
(Chairman & CEO)
|9,600,000 vehicles (2017)|
|Revenue||US$145.588 billion (2017)|
|US$10.016 billion (2017)|
|US$ -3.864 billion (2017)|
|Total assets||US$212.482 billion (2017)|
|Total equity||US$ 35.001 billion (2017)|
Number of employees
|180,000 (December 2017) |
|Footnotes / references|
In addition to its twelve brands, General Motors also holds a 20% stake in IMM, and a 77% stake in GM Korea. It also has a number of joint-ventures, including Shanghai GM, SAIC-GM-Wuling and FAW-GM in China, GM-AvtoVAZ in Russia, GM Uzbekistan, General Motors India, General Motors Egypt, and Isuzu Truck South Africa. General Motors employs 212,000 people and does business in more than 140 countries. General Motors is divided into four business segments: GM North America (GMNA), GM International Operations (GMIO), GM Cruze, and GM Financial.:12, 13
General Motors led global vehicle sales for 77 consecutive years from 1931 through 2007, longer than any other automaker, and in 2012 was among the world's largest automakers by vehicle unit sales.
General Motors acts in most countries outside the U.S. via wholly owned subsidiaries, but operates in China through 10 joint ventures.:18, 96 GM's OnStar subsidiary provides vehicle safety, security and information services.
In 2009, General Motors shed several brands, closing Saturn, Pontiac, and Hummer, and emerged from a government-backed Chapter 11 reorganization. In 2010, the reorganized GM made an initial public offering that was one of the world's top five largest IPOs to date, and returned to profitability later that year.
General Motors Company was formed with an escrow account set up by R S McLaughlin for 15 years of Buick Motors in 1907 on September 16, 1908, in Flint, Michigan, as a holding company controlled by William C. Durant, owner of Buick. At the beginning of the 20th century, there were fewer than 8,000 automobiles in the U.S., and Durant had become a leading manufacturer of horse-drawn vehicles in Flint helped by his purchase of the Carriage Gear patent from the McLaughlin family in Canada, in the 1880s and 1890s, before making his foray into the automotive industry in 1904 by purchasing the fledgling Buick Motor Company. GM's co-founder was Charles Stewart Mott, whose carriage company was merged into Buick prior to GM's creation in 1918. Over the years, Mott became the largest single stockholder in The USA, and spent his life with his Mott Foundation, which has benefited the city of Flint, his adopted home. GM acquired Oldsmobile later that year. In 1909, Durant brought in Cadillac, Elmore, Oakland, and several others. Also in 1909, GM acquired the Reliance Motor Truck Company of Owosso, Michigan, and the Rapid Motor Vehicle Company of Pontiac, Michigan, the predecessors of GMC Truck. Durant, along with R. S. McLaughlin, lost control of GM in 1910 to a bankers who held the Escrow account' trust, because of the large amount of debt taken on in its acquisitions, coupled with a collapse in new vehicle sales.
The next year, Durant started the Chevrolet Motor Car Company in the U.S., and in Canada in 1915, and through this, he and McLaughlin in Canada secretly purchased a controlling interest in GM. Durant regained control of the company after one of the most dramatic proxy wars in U.S. business history. Durant then reorganized General Motors Holding Company into General Motors Company in 1916, merging Chevrolet with GM and allying General Motors of Canada Limited in 1918 after McLaughlin Traded his Outstanding Stocks for GM stocks to allow the Corporation in the USA . Shortly thereafter, he again lost control, this time for good, after the new vehicle market collapsed. Alfred P. Sloan was picked to take charge of the corporation, and led it to its post-war global dominance when the seven manufacturing facilities operated by Chevrolet before Chevrolet acquired the company began to contribute to GM operations. These facilities were added to the individual factories that were exclusive to Cadillac, Buick, Oldsmobile, Oakland, and other companies acquired by the corporation. This unprecedented growth of GM would last into the early 1980s, when it employed 349,000 workers and operated 150 assembly plants in the USA.
On July 10, 2009, General Motors emerged from government backed Chapter 11 reorganization after an initial filing on June 8, 2009. Through the Troubled Asset Relief Program the US Treasury invested $49.5 billion in General Motors and recovered $39 billion when it sold its shares on December 9, 2013 resulting in a loss of $10.3 billion. The Treasury invested an additional $17.2 billion into GM's former financing company, GMAC (now Ally). The shares in Ally were sold on December 18, 2014 for $19.6 billion netting $2.4 billion. A study by the Center for Automotive Research found that the GM bailout saved 1.2 million jobs and preserved $34.9 billion in tax revenue.
Also in 2009 General Motors of Canada Limited was not part of the General Motors Chapter 11 Bankruptcy, the company shed several brands, closing Saturn, Pontiac, and Hummer, while selling Saab Automobile to Dutch automaker Spyker, and emerged from a government-backed Chapter 11 reorganization. In 2010, the reorganized GM made an initial public offering that was one of the world's top five largest IPOs to date, and returned to profitability later that year.
Based on global sales, General Motors is routinely among the world's largest automakers. Headquartered at the Renaissance Center in Detroit, GM employs approximately 180,000 people around the world. In 2009, General Motors sold 6.5 million cars and trucks globally; in 2010, it sold 8.39 million.
As of March 2017, Mary Barra is the chief executive officer (CEO) and chairman of the board and Daniel Ammann is the president. The head of design, Edward T. Welburn, was the first African American to lead a global automotive design organization, and was the highest ranking African American in the US motor industry in 2014. On April 7, 2016, he announced his retirement from General Motors after 44 years, effective July 1, 2016. He was replaced by Michael Simcoe.
As part of the company's advertising, Ed Whitacre announced the company's 60-day money-back guarantee and repayment of a $6.7 billion loan from the government ahead of schedule. On December 12, 2013, GM announced that Mary Barra, 51, executive vice president, Global Product Development, Purchasing and Supply Chain, was elected by the board of directors to become the next CEO of the company succeeding Dan Akerson on January 15, 2014. Barra also joined the GM board. From June 2009 to March 2011, the company had three chief executive officers and three chief financial officers.
The company has reported annual profits since 2010. It can carry forward previous losses to reduce tax liability on future earnings. It earned $4.7 billion in 2010. The Wall Street Journal estimated the tax break, including credits for costs related to pensions and other expenses, can be worth as much as $45 billion over the next 20 years.
In 2010, General Motors ranked second on the list with 8.5 million units produced globally. In 2011, GM returned to the first place with 9.025 million units sold worldwide, corresponding to 11.9% market share of the global motor vehicle industry. The top two markets in 2011 were China, with 2,547,203 units, and the United States, with 2,503,820 vehicles sold. The Chevrolet brand was the main contributor to GM performance, with 4.76 million vehicles sold around the world in 2011, a global sales record.
On April 24, 2014, CNNMoney reported that GM profits fell to $108 million for the first three months of 2014. GM now estimates the cost of their 2014 recall due to faulty ignition switches, which have been linked to at least 124 deaths, at $1.5 billion. Shares of GM were down 16% for the year before the new announcement of GM's lower profits.
On January 4, 2016, Fortune reported that GM led a $1 billion equity financing in the transportation network company (TNC) Lyft.com. This was GM's first investment in the ride-sharing ventures and its reported participation ($500,000,000) in the round is considered to be indicative of its efforts towards the future of transportation, which it believes will be "connected, seamless and autonomous".
in mil. USD
in mil. USD
|Price per Share
As of February 2017:
General Motors Canada Limited is the Canadian allied subsidiary of General Motors. The employees are not all Canadian, as some salaried personnel are from the U.S. and work for the company. GM products focus primarily on its four core divisions — Chevrolet, Cadillac, As the Corporation has shuttered plants Buick, and GMC. The GM restructuring has resulted in a lower break-even point for annual sales and renewed profits because of the loss of millions of jobs.
In mid-2005, GM announced that its corporate chrome power emblem "Mark of Excellence" would begin appearing on all recently introduced and all-new 2006 model vehicles produced and sold in North America. However, in 2009 the "New GM" reversed this, saying that emphasis on its four core divisions would downplay the GM logo.
In May 2012, GM recorded an 18.4% market share in the U.S. with stock imported 
In November 2018, GM announced it will lay off more than 14,000 employees in North America, comprising 15% of its workforce and 25% of its executive staff in the region. The company plans to cease production in three assembly (Lordstown Assembly in Ohio, Detroit-Hamtramck Assembly in Michigan and Oshawa The first GM Corporation in North America 1918 in Canada) and two engine/transmission (White Marsh, Maryland, and Warren, Michigan) plants during 2019. Employees from those plants would also be made redundant.
In 2008 the third largest individual country by sales was Brazil with some 550,000 GM vehicles sold. In that year the other South American countries Argentina, Colombia, and Venezuela sold another 300,000 GM vehicles, suggesting that the total GM sales in South America (including sales in other South American countries such as Chile, Peru, Ecuador, Bolivia, etc.) in that year were at a similar level to sales in China.
The Chevrolet brand was reintroduced in Europe in 2005, selling mostly rebranded Daewoo cars acquired by GM Korea. After having lost approximately $18B over 12 years, GM began phasing out mainstream sales of Chevrolet in Europe in late 2013, and finished by late 2015, to focus on Opel/Vauxhall. Chevrolets continue to be sold in Russia and the Commonwealth of Independent States, through the GM Uzbekistan joint venture. Chevrolet still has a limited presence in Europe through imports of the Corvette and Camaro, while Cadillac maintains a limited presence as well.
In 2012, PSA Peugeot Citroen and General Motors formed an alliance, which involved General Motors acquiring seven percent of the PSA Group. The ownership was soon divested on December 13, 2013, generating "gross proceeds of €0.25 billion." By 2017, Groupe PSA considered taking over Opel from GM, after GM reported a loss of $257 million from its European operations on 2016, the sixteenth consecutive loss-making year for GM in Europe, bringing its amount losses in Europe since 2000 to more than US$15 billion. On March 6, 2017 the sale of Opel and Vauxhall to the PSA Group for $2.3 billion was confirmed.
|GM worldwide 2017 vehicle sales|
|GM North America||3,576,075||53,501||1.5%|
|GM South America||668,835||85,397||14.6%|
The company manufactures most of its China market vehicles locally. Shanghai GM, a joint venture with the Chinese company SAIC Motor, was created With Canadian Regal in 1990 on March 25, 1997. The Shanghai GM plant was officially opened on December 15, 1998, when the first Chinese-built Buick came off the assembly line. The SAIC-GM-Wuling Automobile joint-venture is also successfully selling microvans under the Wuling brand (34 percent owned by GM). Much of General Motors' recent growth has been in the People's Republic of China, where its sales rose 66.9 percent in 2009, selling 1,830,000 vehicles and accounting for 13.4 percent of the market.
Buick is strong in China from early Introduction by the Canadian Buick sold to the last Emperor of China, later being led by the Buick Regal 1990 subcompact. The last emperor of China owned a Buick. The Cadillac brand was introduced in China in 2004, starting with exports to China. GM pushed the marketing of the Chevrolet brand in China in 2005 as well, transferring Buick Sail to that brand.
In August 2009 the joint venture of FAW GM Light Duty Commercial Vehicle Co Ltd was formed that mainly produces Jiefang light-duty trucks.
General Motors vehicle sales in China rose 28.8 percent to a record 2,351,610 units in 2010. GM set up an auto research center as part of a US250 million corporate campus in Shanghai to develop 'gasoline-hybrid cars, electric vehicles and alternative fuels, engines and new technologies'. The company plans to double its sales from 2010 to about 5 million units in China by 2015.
SAIC-GM-Wuling established the low-cost Baojun brand to better compete with domestic rivals, Chery, Geely and BYD for first-time buyers of cars priced around USD10,000. It is estimated that such market in China is about 5 million vehicles a year, larger than the auto market in France and Britain combined. However, some are worried that 'local brands like Baojun could eventually become threats to their parent brands if they compete more against established models over time'. Shanghai-GM-Wuling sold 1.23 million vehicles in 2010, mainly commercial vans and trucks, of which about 700,000 units were a van called Sunshine.
GM maintains a dealership presence in Japan, called GM Chevrolet Shop, previously known as GM Auto World Shop. Current GM Japan dealerships were either former Saturn dealerships or Isuzu dealership locations. GM products are also currently sold by the company Yanase Co., Ltd. since 1915.
In August 2011, GM announced plans to reactivate its plant that previously produced rebadged Chevrolet Blazer as Opel as well as Brazilian Blazer, and also build a new plant in Bekasi, West Java, Indonesia, which would produce 40,000 passenger cars per year for the Southeast Asian market. It is the third plant in Southeast Asia, after the Rayong plant, Thailand, and the Hanoi plant, Vietnam.
In October 2011, the South Korea Free Trade Agreement opened up the South Korean auto market to American made cars. GM owns (per December 31, 2011) 77.0% of its joint venture in South Korea, GM Korea.:p.96
On March 11, 2013, GM opened a new 190,300 square-foot manufacturing plant in Bekasi, Indonesia. In February 2015, GM announced they will close the Bekasi plant by the end of June and stop production of the Sonic in Thailand by mid-year.
GM announced on May 18, 2017 that it would exit the Indian market, which it had entered for the second time in 1996. The first time was in 1928, when it became the first car maker to manufacture cars in India. GM would however continue to manufacture cars from its Talegaon, Maharashtra plant for the export market. This plant has a capacity of 1,60,000 units annually. The older Halol, Gujarat plant with a capacity for 50,000 units stopped production on April 28, 2017. It will be sold, with GM in talks with China's SAIC Motor Corporation Ltd. The India arm's domestic sales for April 2016 – March 2017 declined to 25,823 units from 32,540 the previous year and market share contracted from 1.17 percent to 0.85 percent for the same period. However, exports surged 89 percent during the same period to 70,969 units. GMTC-I, GM's technical center in Bengaluru, India will continue doing its global work. About 400 employees, 8 percent of GM's total Indian work-force, would be affected by the pull-out. Weak product line-up and below par service quality were the reasons for the poor showing by GM in India. It will also affect 10,000 employees working with about 120 Outlets/Dealership of GM in India.
In February 2018, comments by CEO Mary Barra that GM's Korean operations' cost structures had "become challenging" fuelled speculation that the company might divest GM Korea, followed by a market exit. GM is currently negotiating a $2.8 billion investment plan for its Korean operations from the South Korean government, to be dispersed over the next decade. Furthermore, the company approached the Korea Development Bank to participate in a $2.7 billion debt swap issued by its Korean subsidiary.
According to the South Korean unit of General Motors, its domestic sales for March dropped by 58 percent, which is more than half compared to the past year. In February 2018, General Motors had said to shut down one factory and then decide what lies ahead for the remaining three plants in South Korea during rising losses there. In recent years, the US automaker pulled its Chevy brand from Europe which wedged GM Korea's exports since it was a major market for the Korean firm.
|GM worldwide 2008 vehicle sales|
GM has a long history in Egypt which began in the 1920s with the assembly of cars and light pickup trucks for the local market. In the mid of the 1950s, GM withdrew from the Egyptian market. Some years later, the Ghabbour Brothers began to assemble Cadillac, Chevrolet and Buick models up to the 1990s. Since 1983 GM and Al-Monsour Automotive Company have owned General Motors Egypt, which is currently the only manufacturer of traditional GM branded vehicles in Egypt.
In the 1920s Miller Brothers Nigeria was founded as an importer of commercial vehicles of the Bedford brand into the country. In 1949, the company opened its own assembly plant and operated under the name Niger/Nigeria Motors. In 1965 the plant and its distribution network was split into different companies and renamed as Federated Motors Industries. In 1991 the company was taken in by a joint venture between General Motors and UACN of Nigeria.
Another manufacturing base of the GM for the African markets is the Industries Mécaniques Maghrébines headquartered in Kairouan, Tunisia, which assembles Isuzu and Mazda models for the Maghreb region.
Formed in 1975, General Motors East Africa (GMEA) was the largest assembler of commercial vehicles in the region exporting them from Kenya to East and Central African countries including Uganda, Tanzania, Malawi, Rwanda and Burundi. Its facility located in Nairobi assembled a wide range of Isuzu trucks and buses including the popular Isuzu N-Series versatile light commercial vehicle, TF Series pick-ups and Isuzu bus chassis. In addition to assembly, GMEA also marketed the Chevrolet products Spark and Optra. Selling entire GM's 57.7 per cent stake in General Motors East Africa to Isuzu was announced on February 28, 2017. After finishing the sale, GMEA was renamed to Isuzu East Africa Limited, effective from August 1, 2017.
General Motors began operating in South Africa in 1913 through its wholly owned subsidiary, General Motors South Africa. Following the passage of the Comprehensive Anti-Apartheid Act in 1986, GM was forced to divest from South Africa, and GMSA became the independent Delta Motor Corporation. GM purchased a 49% stake in Delta in 1997 following the end of apartheid, and acquired the remaining 51% in 2004, reverting the company to its original name. By 2014 it was targeting the production of 50,000 cars a year but was being hampered by national labour unrest, strikes and protests. In May 2017, GM announced that it would exit the South Africa market by the end of 2017 by selling part of the business to Isuzu and look for a buyer for the rest of the business.
In New Zealand, GM was represented by locally assembled Chevrolet, Pontiac and Vauxhall cars from 1926. In 1954 sales of fully imported Holden vehicles began. New Zealand assembly of Holdens began in 1957 and through the early 1960s, Holdens replaced all Chevrolets and most Vauxhalls. Tariffs on Australian-made cars were eventually removed and local assembly plants closed by 1991. GM New Zealand was renamed Holden in 1994.
In Australia, GM has been represented by the Holden brand since 1948. Chevrolets and Pontiacs were also manufactured in Australia until 1968. In 2012, GM established Opel as a niche marque in Australia and began to sell Opel cars in Australia. However, less than twelve months later, Opel sales ceased.
On December 10, 2013, GM announced that Holden would cease manufacturing operations in Australia by the end of 2017. Holden's Australian presence now only consists of a national sales company, a parts distribution centre and a global design studio.
GM's engines were highly successful in the Indy Racing League (IRL) throughout the 1990s, winning many races in the small V-8 class. GM has also done much work in the development of electronics for GM auto racing. An unmodified Aurora V-8 in the Aerotech, captured 47 world records, including the record for speed endurance in the Motorsports Hall of Fame of America. Recently, the Cadillac V-Series has entered motorsports racing.
GM has also used many cars in the American racing series NASCAR. Currently the Chevrolet Camaro ZL1 is the only entry in the series, but in the past the Pontiac Grand Prix, Buick Regal, Oldsmobile Cutlass, Chevrolet Lumina, Chevrolet Malibu, Chevrolet Monte Carlo, Chevrolet Impala, and the Chevrolet SS were also used. GM has won a total of 40 Monster Energy NASCAR Cup Series manufacturer's championships, including 34 with Chevrolet, the most of any make in NASCAR history, 3 with Oldsmobile, 2 with Buick, and 1 with Pontiac. GM leads all other automobile manufacturers in races won in NASCAR's premier series at 1,011. Chevrolet leads individual makes with 677 wins.
In Australia, there is the V8 Supercar Championship which is battled out by the two main rivals of (GM) Holden and Ford. The current Holden Racing Team cars are based on the Holden Commodore and run a 5.0-litre V8-cylinder engine producing 635 bhp (474 kW). These cars have a top speed of 298 km/h (185 mph) and run 0–100 km/h in 3.8 seconds. The Holden Racing Team is Australia's most successful team in Australian touring car history. In 2006 and 2007, the drivers' championship was won by the very closely linked (now defunct) HSV Dealer Team.
Research and development (R&D) at General Motors began organically as the continuation of such R&D as the various divisions (e.g., Cadillac, Buick, Olds, Oakland) were already doing for themselves before the merger. Its character was entirely empirical; it was whatever key people in each company had been competent enough to organize and pursue. R. S. McLaughlin's Carriage Company in 1876 was designing and inventing Carriage Gear. The McLaughlin Companies became General Motors of Canada Limited. Charles F. Kettering's Dayton Engineering Laboratories Company (Delco), at Dayton, Ohio, was still an independent firm at this time. Its work was well known to GM central management through its relationship as a supplier and consultancy to Cadillac and Buick.
In 1916, Durant organized the United Motors Corporation as an amalgamation of parts suppliers, supplying GM and other OEMs but independent of GM. Alfred P. Sloan, head of the newly acquired Hyatt Roller Bearing Corporation, became United Motors' CEO. United Motors acquired Delco, and Kettering began his association with Sloan. United Motors also acquired at this time the original Remy corporation (called the Remy Electric Company), a competitor of Delco. In 1918 General Motors bought United Motors. Various entities grew out of the original Delco and Remy, including the Dayton Metal Products Corporation, the General Motors Research Corporation, the Delco Division and Remy Electric Division of GM, Delco Remy (now Remy International, Inc.), ACDelco, Delco Electronics, and others. Today's main successor corporation is Delphi Automotive, which nowadays is an independent parent corporation.
The General Motors Research Corporation, at Dayton under Kettering, became a true automotive research center. During the next few decades it led the development of:
Although GM R&D (as it is known in colloquial shorthand) began as an organization largely built around one man (Kettering), it eventually evolved into a more modern organization whose path is shaped by individuals but not dominated entirely by any of them. World War II was a turning point wherein military affairs, after mingling with the technologies of applied science for some 80 years, first started to become fundamentally reinvented by them. Civilian life, too, changed in this direction. By the 1950s, corporations such as GM and many others were facing a new era of R&D, different from earlier ones. Less about genius inventors and individual inventions, and more about organizational progress and integrated systems, it raised new questions about where the capital for R&D would come from in an era of limitless demand for R&D (although not necessarily for production). Alfred Sloan, longtime CEO of GM (1920s to 1960s), discussed in his memoir (also considered a seminal management treatise) the relationships between government, academia, and private industry in the areas of basic science and applied science, in light of this new era. The views he laid out reflected (and influenced) wide consensus on these relationships that persists largely to today.
Today, GM R&D, headquartered in Warren, Michigan, is a network of six laboratories, six science offices, and collaborative relationships in over twelve countries including working relationships with universities, government groups, suppliers, and other partners from across the globe.
On September 7, 2014, at the Intelligent Transport Systems World Congress in Detroit GM disclosed it would be introducing auto-pilot features into certain 2017 models of its cars, which would go on sale in 2016. The "super cruise" or vehicle-to-vehicle V2V technology is likely to be first introduced to the Cadillac range, enabling drivers to switch in and out of semi-automated mode. In December 2016, General Motors announced it would begin testing self-driving vehicles on public roads in Michigan, after Gov. Rick Snyder signed a package of bills legalizing the operation of autonomous vehicles.
In October 2017, General Motors acquired Strobe, a solid state LIDAR company. Strobe's prototypes produce brief "chirps" of frequency-modulated (FM) laser light, where the frequency within each chirp varies linearly. Measuring the phase and frequency of the echoing chirp allows the system to directly measure both the distance and the velocity of objects in the road ahead. Strobe, Cruise and GM will work together to develop the technology for future self-driving cars.
In November 2017 Two self-driving Chevy Bolt EV cars were seen during a media event by Cruise Automation, GM's autonomous car unit, in San Francisco, California, U.S.. The automaker is already operating self-driving Chevy Bolts in San Francisco as part of a beta test run by the company's subsidiary.
In October 2018, Honda announced the investment of $2.75 billion in GM's self-driving car unit. The firm announced an initial investment of $275 million initially, followed by $2 billion within the year.
From the 1920s onward, General Motors always maintained an internal dialog about what its economy-car and small-car policies should be. The economy and size considerations often naturally overlapped, although a strong distinction was always drawn in the 20th century between policies for the U.S. market and policies for other markets. Economy (in some form) always had good demand anywhere, but its definition in the U.S. was long considered different from that in other markets. In this view, "economy" in the U.S. did not mean "small" in the sense of what qualified as "small" outside the U.S. The policy discussion often focused on topics like the higher demand for truly small cars in non-U.S. markets than in the U.S., and whether it made more sense to import a car into a certain country or to build it domestically within that country, either as some variant of knockdown or with truly extensive domestic sourcing. GM's acquisitions of Vauxhall Motors Ltd (UK, 1925) and Adam Opel AG (Germany, 1929), rather than starting new domestic companies to compete against them, were based on analyses that convinced GM managers that acquiring an existing domestic manufacturer was a better business decision.
Although GM since the 1920s has always offered economy models in the U.S. market (relative to that market's definition in any given decade), and had done research and development in the 1940s and 1950s in preparation for any potential rise of strong demand for truly small cars in the U.S. market, it has also been criticized over the decades for not doing enough to promote fuel efficiency in the U.S. market in the 1970s through 1990s. GM's response has been that it has always responded to market demands, and that most Americans, despite anything they said to the contrary, did not actually demand (at purchasing-decision time) small size or fuel efficiency in their vehicles to any great or lasting extent. Although some U.S. consumers flocked temporarily to the ideal of fuel economy whenever fuel supply crises arose (such as 1973 and 1979), they flocked equally enthusiastically to SUVs when cheap fuel of the 1980s and 1990s temporarily shielded them from any downside to these choices.
Since the return of high fuel prices in the 2000s and 2010s, GM's interest in truly small-car programs for the U.S. market has been renewed. As part of General Motors Company development, GM revived one of its idled U.S. factories for the production of a small car in Orion, Michigan, with the creation of 1,200 American jobs. This will be the first time that GM produced a sub compact car in the United States since the Chevrolet Chevette ended production in 1986. This retooled plant will be capable of building 160,000 cars annually, including both small and compact vehicles. Production started in late 2011 with the Chevrolet Sonic.
General Motors has published principles regarding the environment and maintains an extensive website to inform the public. In 2008, General Motors committed to engineering half of its manufacturing plants to be landfill-free. In order to achieve its landfill-free status, production waste is recycled or reused in the manufacturing process.
The world's largest rooftop solar power installation was installed at General Motors Spanish Zaragoza Manufacturing Plant in fall 2008. The Zaragoza solar installation has about 2,000,000 square feet (190,000 m2) of roof at the plant and contains about 85,000 solar panels. The installation was created, owned and operated by Veolia Environment and Clairvoyant Energy, who lease the rooftop area from General Motors. In 2011, General Motors also invested $7.5 million in solar-panel provider Sunlogics, which will install solar panels on GM facilities.
GM has long worked on alternative-technology vehicles, and has led the industry with ethanol-burning flexible-fuel vehicles that can run on either E85 (ethanol) or gasoline. The company was the first to use turbochargers and was an early proponent of V6 engines in the 1960s, but quickly lost interest as muscle car popularity increased. They demonstrated gas turbine vehicles powered by kerosene, an area of interest throughout the industry, but abandoned the alternative engine configuration in view of the 1973 oil crisis. In the 1970s and 1980s, GM pushed the benefits of diesel engines and cylinder deactivation technologies with disastrous results due to poor durability in the Oldsmobile diesels and drivability issues in the Cadillac V8-6-4 variable-cylinder engines. In 1987, GM, in conjunction with AeroVironment, built the Sunraycer, which won the inaugural World Solar Challenge and was a showcase of advanced technology. Much of the technology from Sunraycer found its way into the Impact prototype electric vehicle (also built by Aerovironment) and was the predecessor to the General Motors EV1.
GM supported a compromise version of the Corporate Average Fuel Economy (CAFE) standard increase from 27 to 35 mpg‑US (8.7 to 6.7 L/100 km; 32 to 42 mpg‑imp), the first such increase in over 20 years. GM announced they will introduce more Volt-based plug-in hybrids.
The company has publicly announced that it is committed to invest heavily in electric cars. In October 2017, GM's executive vice president of global development, Mark Reuss, announced that GM's vehicle lineup would feature 20 electric car models by 2023.
In May 2004, GM delivered the world's first full-sized hybrid pickups, the 1/2-ton Silverado/Sierra. These mild hybrids did not use electrical energy for propulsion, like GM's later designs. In 2005, the Opel Astra diesel Hybrid concept vehicle was introduced. The 2006 Saturn Vue Green Line was the first hybrid passenger vehicle from GM and is also a mild design. GM has hinted at new hybrid technologies to be employed that will be optimized for higher speeds in freeway driving.
GM offered the 2-mode hybrid system in the 2008–2013 Chevrolet Tahoe/GMC Yukon/Cadillac Escalade, and 2009–2013 GM 1/2 half-ton pickups. This hybrid technology, co-developed with DaimlerChrysler and BMW, was first used by GM in a diesel-electric hybrid powertrain (manufactured by Allison Transmission) for transit buses, starting in 2004.
Within the framework of its vehicle electrification strategy, GM introduced the Chevrolet Volt in 2010 as an Extended-Range Electric Vehicle (EREV), an electric vehicle with back-up generators powered by gasoline, or series plug-in hybrid. The production Chevrolet Volt was available in late 2010 as a 2011 model with limited availability. GM delivered the first Volt during December 2010. The second-generation Volt was launched in the U.S. and Canada in October 2015. The second generation has an upgraded drivetrain and improved battery system that increased the all-electric range to 53 miles (85 km) from 38 miles (61 km). In November 2018, GM announced it would cease Volt production in March 2019.
As of October 2018, global Volt/Ampera family sales totaled about 177,000 units since its inception in December 2010, including over 10,000 Opel/Vauxhall Amperas sold in Europe up to December 2015. The Volt family of vehicles ranked as the world's all-time top-selling plug-in hybrid as of September 2018, and it is also the third best selling plug-in electric car in history after the Nissan Leaf (375,000) and the Tesla Model S (253,000), as of October 2018 . The Chevrolet Volt is also the U.S. all-time top-selling plug-in electric car with 148,556 units delivered through October 2018.
General Motors was the first company (in the modern era) to release an all-electric automobile. In 1990, GM debuted the "Impact" concept car at the Los Angeles Auto Show. It was the first car with zero-emissions marketed in the US in over three decades. The Impact was eventually produced as the EV1 for the 1996 model year. It was available through dealers located in only a few regions (e.g., California, Arizona, Georgia). Vehicles were leased, rather than sold, to individuals. In 1999 GM decided to cease production of the vehicles. When the individual leases had expired, they declined to renew the leases or allow the lessors to purchase them. All of the EV1s were eventually returned to General Motors and, with the exception of a few which were donated to museums, all were destroyed. The documentary film Who Killed the Electric Car? covered the EV1 story.
The EV1's cancellation had disappointed supporters of electric vehicles. In 2010, GM debuted the Chevrolet Volt, a plug-in hybrid electric vehicle with back-up generators powered by gasoline (range-extended electric vehicle). General Motors has announced that it is building a prototype two-seat electric vehicle with Segway. An early prototype of the Personal Urban Mobility and Accessibility vehicle—dubbed Project P.U.M.A. – was presented in New York at the 2009 New York International Auto Show.
In October 2011, General Motors announced the production of the Chevrolet Spark EV, an all-electric version of the third generation Chevrolet Spark, with availability limited to select U.S. and global markets. In October 2012, GM Korea announced it will start making and selling the Spark EV domestically in 2013. The production version was unveiled at the 2012 Los Angeles Auto Show. Within the framework of GM's vehicle electrification strategy, the Spark EV is the first all-electric passenger car marketed by General Motors in the U.S. since the EV1 was discontinued in 1999. The Spark EV was released in the U.S. in selected markets in California and Oregon in June 2013. Retail sales began in South Korea in October 2013. GM also plans to sell the Spark EV in limited quantities in Canada and select European markets.
GM began production of the Chevrolet Bolt EV in October 2016, the first ever affordable mass market all-electric car with a range of more than 200 miles (320 km). Deliveries in California are scheduled to begin in late 2016. The vehicle will be launched in all 50 US states and analysts expect it to sell around 30,000 units per year, though GM itself has not confirmed these estimates. The battery pack and most drivetrain components are built by LG and assembled in GM's Lake Orion plant.
GM builds battery packs in southern Michigan. GM also established an automotive battery laboratory in Michigan. GM will be responsible for battery management systems and power electronics, thermal management, as well as the pack assembly. An existing GM facility at Brownstown Township was chosen to be upgraded as battery pack plant. LG Chem's U.S. subsidiary, Compact Power of Troy, Michigan, has been building the prototype packs for the development vehicles and will continue to provide integration support and act as a liaison for the program.
The 1966 GM Electrovan is credited with being the first hydrogen fuel cell car ever produced. Though fuel cells have been around since the early 1800s, General Motors was the first to use a fuel cell, supplied by Union Carbide, to power the wheels of a vehicle with a budget of "millions of dollars". In 2002, it was reported that GM spent about $100 million a year in research and development of fuel cell vehicle. In June 2007, Larry Burns, vice president of research and development, said he's not yet willing to say exactly when hydrogen vehicles would be mass-produced, but he said it should happen before 2020, the year many experts have predicted. He said "I sure would be disappointed if we weren't there" before 2020.
On July 2, 2013, GM and Honda announced a partnership to develop fuel cell systems and hydrogen storage technologies for the 2020 time frame. GM and Honda are leaders in fuel cell technology, ranking No. 1 and No. 2, respectively, in total fuel cell patents filed between 2002 and 2012, with more than 1,200 between them according to the Clean Energy Patent Growth Index.
GM produces several flexible-fuel vehicles that can operate on E85 ethanol fuel or gasoline, or any blend of both. Since 2006 GM started featuring a bright yellow gas cap to remind drivers of the E85 capabilities.
GM is the leader in E85 flex fuel vehicles, with over 6 million FlexFuel vehicles on the road in the U.S. In 2010, GM pledged to have more than half of their annual vehicle production be E85 or biodiesel capable by 2012. As of 2012, GM offers 20 ethanol-enabled FlexFuel cars and trucks in the US, and offers more FlexFuel vehicles models than any other automaker.
GM Defense is the GM division leveraging GM's advanced technology propulsion systems, including Hydrotec Fuel Cell and Jouletec batteries for a variety of military applications including autonomous electric platforms and flex fuel cell pickups converted for military use.
In 1996, GMC partnered with the fashion industry as a part of the GM/CFDA Concept: Cure, a collaboration between General Motors and the Fashion industry bringing awareness to and raising funds for breast cancer. The program involved 5 designers, each lending their artistic talents to customize 5 different vehicles. Nicole Miller, Richard Tyler, Anna Sui, Todd Oldham and Mark Eisen were tasked with transforming a Cadillac STS, Buick Riviera, GMC Yukon, Oldsmobile Bravada and Chevrolet Camaro Z28, respectively. The cars were then auctioned with the proceeds presented to the Nina Hyde Center at the Greater Los Angeles Auto Show in 1997.
Since 1997, the GM Foundation has been a source of funding for Safe Kids USA's "Safe Kids Buckle Up" program, a national initiative to ensure child automobile safety through education and inspection.
Through 2002, the PACE Awards program, led by GM, EDS, and SUN Microsystems, has given over $1.2 billion of in-kind contributions which includes computers to over 18 universities to support engineering education. In 2009, the GM led group has helped the Pace Awards program worldwide.
In 2004, GM gave $51,200,000 in cash contributions and $17,200,000 in-kind donations to charitable causes.
The General Motors Foundation (GM Foundation) receives philanthropic bequests from General Motors. It is a 501(c)(3) foundation incorporated in 1976.
|Brand||Year founded||Year began making autos||Year joined GM||Markets served today|
|Chevrolet||1911||1911||1917||Global, except South Africa and India|
|Buick||1899||1903||1908||China, North America|
|GMC||1901||1901||1909||North America, Middle East|
|Cadillac||1902||1902||1909||North America, Middle East, China, Japan, South Korea, Europe|
|Holden||1856||1908||1931||Australia, New Zealand|
As it emerged from bankruptcy and company reorganization in 2010, GM structured its brand portfolio (brand architecture). Some nameplates like Pontiac, Saturn, Hummer, and service brands like Goodwrench were discontinued. Others, like Saab, were sold. The practice of putting the "GM Mark of Excellence" on every car, no matter what the brand, was discontinued in August 2009. The company has moved from a corporate-endorsed hybrid brand architecture structure, where GM underpinned every brand to a multiple brand corporate invisible brand architecture structure. The company's familiar square blue "badge" has been removed from the Web site and advertising, in favor of a new, subtle all-text logo treatment on its U.S. site; the Canadian site still retains the blue "badge". In 2011, GM discontinued the Daewoo brand in South Korea and replaced it with the Chevrolet brand. GM holds about 96% of GM Korea (2011–present) which mainly designs and produces Chevrolet and Holden branded vehicles. GM holds about 25% of GM Uzbekistan (2008–present) which produces Ravon, Chevrolet and Daewoo branded vehicles.
The 1936–1937 Flint sit-down strike against General Motors changed the United Automobile Workers (UAW) from a collection of isolated locals on the fringes of the industry into a major labor union and led to the unionization of the domestic United States automobile industry.
After the first convention of UAW in 1936, the union decided that it could not survive by piecemeal organizing campaigns at smaller plants, as it had in the past, but that it could organize the automobile industry only by going after its biggest and most powerful employer, General Motors Corporation, focusing on GM's production complex in Flint, Michigan.
Organizing in Flint was a difficult and dangerous plan. GM controlled city politics in Flint and kept a close eye on outsiders. According to Wyndham Mortimer, the UAW officer put in charge of the organizing campaign in Flint, he received a death threat by an anonymous caller when he visited Flint in 1936. GM also maintained an extensive network of spies throughout its plants. This forced UAW members to keep the names of new members in secret and meeting workers at their homes.
As the UAW studied its target, it discovered that GM had only two factories that produced the dies from which car body components were stamped: one in Flint that produced the parts for Buicks, Pontiacs, and Oldsmobiles, and another in Cleveland that produced Chevrolet parts.
While the UAW called for a sit-down strike in Flint, the police, armed with guns and tear gas, attempted to enter the Fisher Body 2 plant on January 11, 1937. The strikers inside the plant pelted them with hinges, bottles, and bolts. At the time, Vice President John Nance Garner supported federal intervention to break up the Flint Strike, but this idea was rejected by President Franklin D. Roosevelt. The president urged GM to distinguish a union so the plants could re-open. The strike ended after 44 days.
That development forced GM to bargain with the union. John L. Lewis, President of the United Mine Workers and founder and leader of the Congress of Industrial Organizations, spoke for the UAW in those negotiations; UAW President Homer Martin was sent on a speaking tour to keep him out of the way. GM's representatives refused to be in the same room as the UAW's, so Governor Frank Murphy acted as courier and intermediary between the two groups. Governor Murphy sent in the U.S. National Guard, not to evict the strikers, but rather to protect them from the police and corporate strike-breakers. The two parties finally reached agreement on February 11, 1937 on a one-page agreement that recognized the UAW as the exclusive bargaining representative for GM's employees who were members of the union for the next six months.
The tool and die strike of 1939, also known as the "strategy strike", was an ultimately successful attempt by the United Auto Workers Union (UAW) to be recognized as the sole representative for General Motors workers. In addition to representation rights, the UAW, working jointly with the Congress of Industrial Organizations (CIO), sought to resolve existing grievances of skilled workers.
From November 21, 1945 until March 13, 1946 (113 days), CIO's United Automobile Workers (UAW), organized "320,000 hourly workers" to form a US-wide strike against the General Motors Corporation, workers used the tactic of the sit down strike. It was "the longest strike against a major manufacturer" that the UAW had yet seen, and it was also "the longest national GM strike in its history." As director of the UAW's General Motors Department (coordinator of union relations with GM), Walter Reuther suggested to his colleagues the idea of striking the GM manufacturing plants with a 'one-at-a-time' strategy, which was "intended to maximize pressure on the target company." Reuther also put forth the demands of the strikers: a 30 percent increase in wages and a hold on product prices. However, the strike ended to the dissatisfaction of Walter Reuther and the UAW, and the workers received only a 17.5-percent increase in wages.
On September 24, 2007, General Motors workers represented by the United Auto Workers union went on strike against the company. The first US-wide strike against GM since 1970 was expected to idle 59 plants and facilities for an indefinite period of time. Talks broke down after more than 20 straight days of bargaining failed to produce a new contract. Major issues that proved to be stumbling blocks for an agreement included wages, benefits, job security and investments in US facilities.
Within hours, the ripple effect was felt in Canada with closures of two car assembly plants in Oshawa, Ontario, and a transmission facility in Windsor on September 25. However, on September 26, a tentative agreement was reached, and the strike's end was announced by UAW officials in a news conference at 4 a.m. By the following day, all GM workers in both countries were back to work.
Between 1938 and 1950, General Motors (GM) monopolized the sale of buses and supplies to National City Lines (NCL) and its subsidiaries, as part of a deliberate plot to purchase and dismantle streetcar systems in many cities in the United States as an attempt to monopolize surface transportation.
Unsafe at Any Speed by Ralph Nader, published in 1965, is a pioneering book accusing car manufacturers of being slow to introduce safety features, and reluctant to spend money on improving safety. The subject for which the book is probably most widely known, the rear-engined GM Chevrolet Corvair, is covered in the first chapter. It relates to the first (1960–1964) models that had a swing-axle suspension design which was prone to "tuck under" in certain circumstances. In substitution for the cost-cutting lack of a front stabilizer bar (anti-roll bar), Corvairs required tire pressures which were outside of the tire manufacturer's recommended tolerances. The Corvair relied on an unusually high front to rear pressure differential (15psi front, 26psi rear, when cold; 18 psi and 30psi hot), and if one inflated the tires equally, as was standard practice for all other cars at the time, the result was a dangerous oversteer.
In early March 1966, several media outlets, including The New Republic and The New York Times, alleged that GM had tried to discredit Ralph Nader, hiring private detectives to tap his phones and investigate his past, and hiring prostitutes to trap him in compromising situations. Nader sued the company for invasion of privacy and settled the case for $425,000. Nader's lawsuit against GM was ultimately decided by the New York Court of Appeals, whose opinion in the case expanded tort law to cover "overzealous surveillance". Nader used the proceeds from the lawsuit to start the pro-consumer Center for Study of Responsive Law.
A 1972 safety commission report conducted by Texas A&M University concluded that the 1960–1963 Corvair possessed no greater potential for loss of control than its contemporary competitors in extreme situations. The U.S. Department of Transportation (DOT) issued a press release in 1972 describing the findings of NHTSA testing from the previous year. NHTSA had conducted a series of comparative tests in 1971 studying the handling of the 1963 Corvair and four contemporary cars—a Ford Falcon, Plymouth Valiant, Volkswagen Beetle, and Renault Dauphine—along with a second-generation Corvair (with its completely redesigned, independent rear suspension). The 143-page report reviewed NHTSA's extreme-condition handling tests, national crash-involvement data for the cars in the test as well as General Motors' internal documentation regarding the Corvair's handling. NHTSA went on to contract an independent advisory panel of engineers to review the tests. This review panel concluded that "the 1960–63 Corvair compares favorably with contemporary vehicles used in the tests [...] the handling and stability performance of the 1960–63 Corvair does not result in an abnormal potential for loss of control or rollover, and it is at least as good as the performance of some contemporary vehicles both foreign and domestic."
Journalist David E. Davis, in a 2009 article in Automobile Magazine, noted that despite Nader's claim that swing-axle rear suspension were dangerous, Porsche, Mercedes-Benz, and Volkswagen all used similar swing-axle concepts during that era.
In May 2014 the NHTSA fined the company $35 million for failing to recall cars with faulty ignition switches for a decade, despite knowing there was a problem with the switches. General Motors paid compensation for 124 deaths linked to the faulty switches. The $35 million fine was the maximum the regulator could impose. General Motors has announced that they are also facing 79 customer lawsuits asking for as much as $10 billion for economic losses attributed to the recall. As well as the Cobalts, the switches of concern had been installed in many other cars, such as the Pontiac G5, the Saturn Ion, the Chevrolet HHR, the Saturn Sky, and Pontiac Solstice. Eventually the recall involved about 2.6 million GM cars worldwide.
the program enlisted the support of fashion designers Nicole Miller, Richard Tyler, Anna Sui, Todd Oldham and Mark Eisen to lend their artistic talents to GM'S Cadillac STS, Buick Riviera, GMC Yukon, Oldsmobile Bravada and Chevrolet Camaro Z28, respectively. The vehicles were sold by silent auction through the December issue of the Neiman Marcus Holiday catalog "The Book," and the funds were formally presented to the Nina Hyde Center at the Greater Los Angeles Auto Show in January 1997.
Cadillac is a division of the American automobile manufacturer General Motors (GM) that designs and builds luxury vehicles. Its major markets are the United States, Canada, and China. Cadillac vehicles are distributed in 34 additional markets worldwide. Cadillac automobiles are at the top of the luxury field within the United States. In 2017, Cadillac's U.S. sales were 156,440 vehicles and its global sales were 356,467 vehicles.Cadillac is among the first automobile brands in the world, second in the United States only to fellow GM marque Buick. The firm was founded from the remnants of the Henry Ford Company in 1902. It was named after Antoine de la Mothe Cadillac, who founded Detroit, Michigan. The Cadillac crest is based on his coat of arms.
By the time General Motors purchased the company in 1909, Cadillac had already established itself as one of America's premier luxury carmakers. The complete interchangeability of its precision parts had allowed it to lay the foundation for the modern mass production of automobiles. It was at the forefront of technological advances, introducing full electrical systems, the clashless manual transmission and the steel roof. The brand developed three engines, with its V8 setting the standard for the American automotive industry.
Cadillac had the first U.S. car to win the Royal Automobile Club of the United Kingdom's Dewar Trophy by successfully demonstrating the interchangeability of its component parts during a reliability test in 1908; this spawned the firm's slogan "Standard of the World". It won the trophy again in 1912 for incorporating electric starting and lighting in a production automobile.Chevrolet
Chevrolet ( SHEV-rə-LAY), colloquially referred to as Chevy and formally the Chevrolet Division of General Motors Company, is an American automobile division of the American manufacturer General Motors (GM). Louis Chevrolet and ousted General Motors founder William C. Durant started the company on November 3, 1911 as the Chevrolet Motor Car Company. Durant used the Chevrolet Motor Car Company to acquire a controlling stake in General Motors with a reverse merger occurring on May 2, 1918 and propelled himself back to the GM presidency. After Durant's second ousting in 1919, Alfred Sloan, with his maxim "a car for every purse and purpose", would pick the Chevrolet brand to become the volume leader in the General Motors family, selling mainstream vehicles to compete with Henry Ford's Model T in 1919 and overtaking Ford as the best-selling car in the United States by 1929.Chevrolet-branded vehicles are sold in most automotive markets worldwide. In Oceania, Chevrolet is represented by GM subsidiary, Holden, having returned to the region in 2018 after a 50-year absence with the launching of the Camaro and Silverado pickup truck. In 2005, Chevrolet was relaunched in Europe, primarily selling vehicles built by GM Daewoo of South Korea with the tagline "Daewoo has grown up enough to become Chevrolet", a move rooted in General Motors' attempt to build a global brand around Chevrolet. With the reintroduction of Chevrolet to Europe, GM intended Chevrolet to be a mainstream value brand, while GM's traditional European standard-bearers, Opel of Germany, and Vauxhall of United Kingdom would be moved upmarket. However, GM reversed this move in late 2013, announcing that the brand would be withdrawn from Europe, with the exception of the Camaro and Corvette in 2016. Chevrolet vehicles will continue to be marketed in the CIS states, including Russia. After General Motors fully acquired GM Daewoo in 2011 to create GM Korea, the last usage of the Daewoo automotive brand was discontinued in its native South Korea and succeeded by Chevrolet.
In North America, Chevrolet produces and sells a wide range of vehicles, from subcompact automobiles to medium-duty commercial trucks. Due to the prominence and name recognition of Chevrolet as one of General Motors' global marques, Chevrolet, Chevy or Chev is used at times as a synonym for General Motors or its products, one example being the GM LS1 engine, commonly known by the name or a variant thereof of its progenitor, the Chevrolet small-block engine.Electro-Motive Diesel
Electro-Motive Diesel (EMD) is an American manufacturer of diesel-electric locomotives, locomotive products and diesel engines for the rail industry. The company is owned by Caterpillar through its subsidiary Progress Rail Services.Electro-Motive Diesel traces its roots to the Electro-Motive Engineering Corporation, a designer and marketer of gasoline-electric self-propelled rail cars founded in 1922 and later renamed Electro-Motive Company (EMC). In 1930, General Motors purchased Electro-Motive Company and the Winton Engine Co. and in 1941 expanded EMC's realm to locomotive engine manufacturing as Electro-Motive Division (EMD).
In 2005, GM sold EMD to Greenbriar Equity Group and Berkshire Partners, which formed Electro-Motive Diesel to facilitate the purchase. In 2010, Progress Rail Services completed the purchase of Electro-Motive Diesel from Greenbriar, Berkshire, and others.
EMD's headquarters, engineering facilities and parts manufacturing operations are based in McCook, Illinois, while its final locomotive assembly line is located in Muncie, Indiana. EMD also operates a traction motor maintenance, rebuild and overhaul facility in San Luis Potosí, Mexico.
As of 2008, EMD employed approximately 3,260 people, and in 2010 it held approximately 30 percent of the market for diesel-electric locomotives in North America.GMC (automobile)
General Motors Company (GMC), formally the GMC Division of General Motors LLC, is a division of the American automobile manufacturer General Motors (GM) that primarily focuses on trucks and utility vehicles. GMC sells pickup and commercial trucks, buses, vans, military vehicles, and sport utility vehicles marketed worldwide by General Motors. In North America, GMC dealerships are almost always also Buick dealerships, allowing the same dealer to market both upmarket cars and upmarket trucks.GM Korea
GM Korea Company (Korean: 한국지엠주식회사, IPA: [hanɡuːk tɕi em]) is South Korea's third largest automobile manufacturer and a subsidiary of General Motors. GM Korea's roots go back to the former Daewoo which was split from its parent company, Daewoo Group, in 2001. It has 3 manufacturing facilities in South Korea as well as a vehicle assembly facility in Vietnam. In addition, GM Korea provides region and brand-specific vehicle assembly kits for assembly by GM affiliates in the United States, Australia, Brazil, China, Colombia, India, and Mexico. In 2008, GM Korea built more than 1.9 million vehicles, including CKD products. It now produces vehicles and kits for Chevrolet, Holden and Buick that are offered in more than 150 markets on six continents. GM Korea also has design, engineering, research & development facilities that are involved in development for various GM products, above all small-size cars.General Motors Canada
General Motors of Canada Company (French: La Compagnie General Motors du Canada), commonly known as GM Canada, is the Canadian subsidiary of General Motors. It is headquartered at the Canadian Regional Engineering Centre in Oshawa, Ontario, Canada. In the aftermath of the 2008 financial crisis, GM Canada received a combined loan commitment of C$3 billion of financial assistance from the federal and provincial governments amid declining sales.
On November 26, 2018, GM announced the closure of its Oshawa plant, ending a century of automobile and related manufacturing operations in the city.General Motors Diesel Division
General Motors Diesel Division (GMDD) was a marketing and customer service unit of General Motors founded in 1938. It sought customers for GM's diesel engines, which had undergone major development during the 1930s. It was most active in association with GM's Detroit Diesel Engine Division, which produced lines of lightweight diesel engines that could be adapted to many uses including road vehicles, small boats, military equipment, construction and farm equipment, pumping, and auxiliary power generation. In 1939, Detroit Diesel Series 71 engines were installed in buses produced by Yellow Coach, who would be acquired by GM in 1943 to launch the GMC Truck and Coach Division. Uses for Detroit Diesel engines would proliferate during World War II and the postwar economic boom. The GM Cleveland Diesel Engine Division's products were sold to relatively few customers for mostly marine uses. GMDD developed a widespread international marketing, service, and parts distribution infrastructure for GM diesel engines in the postwar years.
In 1962 GM's Electro-Motive Division (EMD), which had its own marketing and service infrastructure from its years in the locomotive business, took over the production and marketing of large diesel engines formerly produced by the Cleveland Diesel Engine Division.In 1965 GMDD was absorbed by the General Motors Detroit Diesel Engine Division.General Motors Diesel Division is not to be confused with General Motors Diesel, Ltd., the Canadian subsidiary of EMD formed in 1949, or the Diesel Division of General Motors of Canada, the entity for General Motors of Canada's diesel equipment manufacturing operations formed in 1969.General Motors India
General Motors India Private Limited is a partnership between General Motors and SAIC that is engaged in the automobile business in India. General Motors has 93% stake in this partnership and the remaining 7% is held by SAIC. It is the 5th largest automobile manufacturing company in India after Maruti Suzuki, Hyundai, Tata Motors and Mahindra. After 21 years of operations in India, General Motors announced that it will stop selling cars in India by the end of 2017, as a part of its global restructuring actions. General Motors India's primary focus is the manufacture and export of small cars and automotive components. Its export markets include Mexico and a few other Latin American countries. Its secondary focus is providing parts and related services for the GM vehicles that were sold in India.General Motors Technical Center
The GM Technical Center is a General Motors facility in Warren, Michigan. The campus has been the center of the company's engineering effort since its inauguration in 1956. In 2000 it was listed on the National Register of Historic Places; fourteen years later it was designated a National Historic Landmark, primarily for its architecture.Grumman F4F Wildcat
The Grumman F4F Wildcat is an American carrier-based fighter aircraft that began service with both the United States Navy and the British Royal Navy in 1940, where it was initially known as the Martlet. First used in combat by the British in the North Atlantic, the Wildcat was the only effective fighter available to the United States Navy and Marine Corps in the Pacific Theater during the early part of World War II in 1941 and 1942; the disappointing Brewster Buffalo was withdrawn in favor of the Wildcat and replaced as units became available. With a top speed of 318 mph (512 km/h), the Wildcat was outperformed by the faster 331 mph (533 km/h), more maneuverable, and longer-ranged Mitsubishi A6M Zero. However, the F4F's ruggedness, coupled with tactics such as the Thach Weave, resulted in a claimed air combat kill-to-loss ratio of 5.9:1 in 1942 and 6.9:1 for the entire war.Lessons learned from the Wildcat were later applied to the faster F6F Hellcat. While the Wildcat had better range and maneuverability at low speed, the Hellcat could rely on superior power and high speed performance to outperform the Zero. The Wildcat continued to be built throughout the remainder of the war to serve on escort carriers, where larger and heavier fighters could not be used.Holden
Holden, formerly known as General Motors-Holden, is an Australian automobile importer and former automobile manufacturer with its headquarters in Port Melbourne, Victoria. The company was founded in 1856 as a saddlery manufacturer in South Australia. In 1908 it moved into the automotive field, becoming a subsidiary of the United States-based General Motors (GM) in 1931, when the company was renamed General Motors-Holden's Ltd. It was renamed Holden Ltd in 1998, and General Motors-Holden in 2005.
Holden sells the remaining stock of the locally produced range of Commodore vehicles, and imported GM models. Holden has offered badge engineered models in sharing arrangements with Chevrolet, Isuzu, Nissan, Opel, Suzuki, Toyota and Vauxhall Motors. In 2013, the vehicle lineup consisted of models from GM Korea, GM Thailand, GM in the US, and the self-developed Commodore, Caprice, and Ute. Holden also distributed the European Opel brand in Australia in 2012 until its Australian demise in mid-2013, and briefly the American Cadillac brand in 2009 until the brand's full launch was delayed indefinitely.From 1994 to 2017, all Australian-built Holden vehicles were manufactured in Elizabeth, South Australia, and engines were produced at the Fishermans Bend plant in Melbourne. Historically, production or assembly plants were operated in all mainland states of Australia. The consolidation of final assembly at Elizabeth was completed in 1988, but some assembly operations continued at Dandenong until 1994.
General Motors assembly plants were operated in New Zealand from 1926 until 1990 by General Motors New Zealand Limited in an earlier and quite separate operation from Holden in Australia. Although Holden's involvement in exports has fluctuated since the 1950s, the declining sales of large cars in Australia led the company to look to international markets to increase profitability. From 2010 Holden incurred losses due to the strong Australian dollar, and reductions of government grants and subsidies. This led to the announcement on 11 December 2013 that Holden would cease vehicle and engine production by the end of 2017.On 20 October 2017, the last existing vehicle plant located in Elizabeth, South Australia was closed. Holden continues solely as an importer of vehicles.Hummer
Hummer was a brand of trucks and SUVs, first marketed in 1992 when AM General began selling a civilian version of the M998 Humvee. In 1998, General Motors (GM) purchased the brand name from AM General and marketed three vehicles: the original Hummer H1, based on the military Humvee, as well as the new H2 and H3 models that were based on smaller, civilian-market GM platforms.
By 2008, Hummer's viability in the economic downturn was being questioned, and it was placed under review by GM management. Rather than being transferred to the Motors Liquidation Company as part of the GM bankruptcy in 2009, the brand was retained by GM, in order to investigate its sale.
In 2009, a Chinese manufacturer, Sichuan Tengzhong Heavy Industrial Machinery Company, announced that it would acquire Hummer, pending government approvals, but later withdrew its bid. On February 24, 2010, Reuters reported that the Chinese ministry of commerce had prevented the deal, although a ministry spokesperson denied rejecting the application, which had been stalled for eight months. At the end of February, General Motors announced it would begin dismantling the Hummer brand.Although the automaker announced two days later that it had been approached with new offers, by April 2010, any sale became unlikely, as inventory was depleted and Hummer dealerships began shutting down. After filling a rental-car fleet order, the last Hummer H3 rolled off the line at Shreveport on May 24, 2010.The original maker of Hummer, AM General, lost their bid to build the HMMWV's replacement for the U.S. military in 2015.LS based GM small-block engine
Not to be confused with the Chevrolet small-block engine.The LS based small-block engine is the primary V-8 used in General Motors' line of rear-wheel-drive cars and trucks. Introduced in January 1995, it is a "clean sheet" design with only rod bearings, lifters, and bore spacing in common with the longstanding Chevrolet small block V8 that preceded it as the basis for GM small-block V8s. The basic LS variations use cast iron blocks, while performance editions are all aluminium with cast iron cylinder liners.
The LS small-block has been manufactured in three Generations – III, IV, and V – with preceding Generations I and II of modular GM small-block engines having been based on the Chevrolet small-block V8 originally designed in 1955. GM recycled the "LT" designation beginning with the LS Generation V "LT1" in 2014.
Several versions of the LS were used in the Chevrolet Corvette, beginning with the LS1 in 1997 through the LS9 and others in 2013. Variants of the LT version of the GM small-block have been used since.Mary Barra
Mary Teresa Barra (née Makela; born December 24, 1961) is the Chairwoman and CEO of General Motors Company. She has held the CEO position since January 15, 2014, and she is the first female CEO of a major global automaker. On December 10, 2013, GM named her to succeed Dan Akerson as Chief Executive Officer, and prior to that, Barra served as the Executive Vice President of Global Product Development, Purchasing, and Supply Chain at General Motors.Oldsmobile
Oldsmobile was a brand of American automobiles produced for most of its existence by General Motors. Olds Motor Vehicle Co. was founded by Ransom E. Olds in 1897. It produced over 35 million vehicles, including at least 14 million built at its Lansing, Michigan factory. During its time as a division of General Motors, it slotted in the middle of GM's five divisions (above Pontiac but below Buick), and was noted for its testing of groundbreaking technology and designs, most notably the "Rocket V8" engine. In 1985, over 1 million Oldsmobiles were sold, but by the 1990s the division was tasked with competing with import brands. When it was shut down in 2004, Oldsmobile was the oldest surviving American automobile marque, and one of the oldest in the world, after Peugeot, MAN and Tatra.Rogers Arena
Rogers Arena is an indoor sports arena located at 800 Griffiths Way in the downtown area of Vancouver, British Columbia. Opened in 1995, the arena was known as General Motors Place (GM Place) from its opening until July 6, 2010, when General Motors Canada ended its naming rights sponsorship and a new agreement for those rights was reached with Rogers Communications. Rogers Arena was built to replace Pacific Coliseum as Vancouver's primary indoor sports facility and in part due to the National Basketball Association's 1995 expansion into Canada, when Vancouver and Toronto were given expansion teams.
It is home to the Vancouver Canucks of the National Hockey League and the Vancouver Warriors of the National Lacrosse League. The arena also hosted the ice hockey events at the 2010 Winter Olympics. The name of the arena temporarily became Canada Hockey Place during the Olympics. It was previously home to the Vancouver Grizzlies of the National Basketball Association from 1995 to 2001.SAIC-GM
SAIC General Motors Corporation Limited (More commonly known as SAIC-GM; Chinese: 上汽通用汽车; formerly known as Shanghai General Motors Company Ltd, Shanghai GM; Chinese: 上海通用汽车) is a joint venture between General Motors Company and SAIC Motor that manufactures and sells Chevrolet, Buick, and Cadillac brand automobiles in mainland China. SAIC-GM was founded on June 12, 1997 with 50% investment each from each partner. SAIC-GM began assembling the venture's first vehicle, the Buick Regal, in Shanghai, China in 1999.Saturn Corporation
The Saturn Corporation, also known as Saturn LLC, was an American automobile manufacturer, a registered trademark established on January 7, 1985, as a subsidiary of General Motors. The company marketed itself as a "different kind of car company" and operated somewhat independently from its parent company for a time with its own assembly plant in Spring Hill, Tennessee, unique models, and a separate retailer network, and was GM's attempt to compete with Japanese automakers.
Following the withdrawal of a bid by Penske Automotive to acquire Saturn in September 2009, General Motors discontinued the Saturn brand and ended its outstanding franchises on October 31, 2010. All new production was halted on October 7, 2009.Vauxhall Motors
Vauxhall Motors Limited () is a British car brand, which is a fully owned subsidiary of German car manufacturer Opel, which in turn is owned by Groupe PSA of France (parent of Peugeot, Citroën and DS). Vauxhall's vehicle lineup is identical to that of its parent, Opel, but the Vauxhall brand is exclusively used in the United Kingdom and Isle of Man. Vauxhall is one of the oldest established vehicle manufacturers and distribution companies in the United Kingdom. Its headquarters are in Park Town, Luton, Bedfordshire, England.
Vauxhall sells passenger cars and light commercial vehicles under the Vauxhall marque; and used to sell vans, buses and trucks under the Bedford Vehicles brand. Vauxhall has been the second-largest-selling car brand in the UK for more than two decades.Vauxhall was founded by Alexander Wilson in 1857 as a pump and marine engine manufacturer. It was bought in 1863 by Andrew Betts Brown who began producing travelling cranes. It was he who named it Vauxhall Iron Works. It began manufacturing cars in 1903. It was acquired by American automaker General Motors (GM) in 1925. Bedford Vehicles was established as a subsidiary of Vauxhall in 1930 to manufacture commercial vehicles.
Having been a luxury car brand before the Second World War, after the war Vauxhall became increasingly mass-market. Since 1980, Vauxhall products have been largely identical to those of Opel, and most models are principally engineered in Rüsselsheim, Germany. During the 1980s the Vauxhall brand was withdrawn from sale in all countries apart from the UK, the Channel Islands, and the Isle of Man. At various times during its history, Vauxhall has been active in motorsports, including rallying and the British Touring Car Championship. After 92 years under GM's helm, Vauxhall was sold to Groupe PSA in 2017.Vauxhall has major manufacturing facilities in Luton (commercial vehicles, IBC Vehicles) and Ellesmere Port, UK (passenger cars). The Luton plant employs around 900 staff and has a capacity of approximately 100,000 units. The Ellesmere Port plant currently employs around 1,880 staff and has a theoretical (three-shift) capacity of approximately 187,000 units. Vehicles manufactured in Opel factories in Germany, Spain and Poland and sold in the UK are re-branded as Vauxhall.Significant former Vauxhall production cars include the Victor, Viva, Chevette and Cavalier. The current car range, manufactured by Opel and re-branded as Vauxhall in the UK, includes the Adam (city car), Viva (city car), Astra (small family car), Corsa (supermini), Insignia (large family car), Crossland X (subcompact crossover SUV), Mokka (subcompact SUV) and the Grandland X (compact SUV). Vauxhall sells high-performance versions of some of its models under the VXR and GSi sub-brands.
Automotive marques of General Motors
1Marques of SAIC-GM-Wuling (GM up to 44%)
with US operations
|Concept and pre-production|
|Auto component makers and |
performance car modders
|Defunct and former (2)|
|Banking losses and fraud|
|Securities involved |
and financial markets