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What is General Motors?
General Motors Company commonly known as GM, is a multinational automotive company. It was founded as the General Motors Corporation on 16th of September, 1908 and later as General Motors Company on 10th of July, 2009. The Founders of the company were William C. Durant, Charles Stewart Mott and Frederic L. Smith. There are four divisions of the company that are GMC, Buick, Cadillac and Chevrolet. The headquarters of the company is located in Detroit, Michigan, United States
Products and Description
It is engaged in the designing, manufacturing and marketing of automobiles, luxury vehicles, automobile parts, crossover utility, commercial vehicles and sport utility vehicles. General Motors Company is regarded as one of the largest automakers of the world. The company markets its vehicles in more than 157 countries around the world through the large network of authorized dealers. On the other hand, it also provides financial services through its own Gm
Financial Company that began its journey as Americredit
in 1992 which was acquired by General Motors Company in the year 2010. AmeriCredit renamed as GM Financial Company. General Motors Company sells its vehicles under the brand names of UzDaewoo, Opel, Chevrolet, Buick, Holden, Cadillac, Baojun etc. It is listed on the New York stock exchange and is also added in S&P 500 index. General Motors Company has more than 219,000 employees worldwide.
Business Divisions and Subsidiaries
The company has divided its business into five segments namely GM South America, GM Financial, GM International Operations, GM North America
and GM Europe. General Motors Company has more than 396 manufacturing facilities in over 37 countries. There are several international subsidiaries of General Motors Company including General Motors South Africa, General Motors Canada, GM Egypt, General Motors de Mexico, GM Korea Company, General Motors India, General Motors Brazil, etc.