Multinational Automotive Detroit, Michigan

Download as pdf or txt
Download as pdf or txt
You are on page 1of 1

General Motors Company, Inc.

, commonly known as GM (General Motors Corporation before 2009), is an American multinational automotive corporation headquartered in Detroit, Michigan, and among the world's largest automakers by vehicle unit sales and led global sales for 77 consecutive years from 1931 through 2007, longer than any other automaker,[3] employing 202,000 people[1] and doing business in some 157 countries. General Motors is divided into five business segments: GM North America (GMNA), GM Europe (GME), GM International Operations (GMIO), GM South America (GMSA), and GM Financial.[4]:p.12/13 General Motors produces cars and trucks in 37 countries, and sells and services the vehicles through the following brands: Chevrolet, Buick, GMC, Cadillac, Baojun, Holden, Isuzu, Jie Fang, Opel, Vauxhall, and Wuling.[5][6] GM acts in most countries outside the USA via direct subsidiaries, but in China through 10 joint ventures.[4]:pp.18, 96 GM's OnStar subsidiary provides vehicle safety, security and information services. In 2009, the company shed several brands, closing Saturn and Pontiac, and emerged from a government backed Chapter 11 reorganization. In 2010, GM made an initial public offering that was one of the world's top 5 largest IPOs to date. GM returned to profitability in 2010.[7]

You might also like