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General Motors Company (GM) [2] is an American multinational automotive manufacturing company headquartered in Detroit, Michigan, United States. [3] The company is most known for owning and manufacturing four automobile brands: Chevrolet, Buick, GMC, and Cadillac, each a separate division of GM.
Located at 7600 General Motors Blvd. General Motors Blvd. was renamed Antoine Blvd. in 2013. A portion of the complex is now used by Glovis America, a Hyundai Automotive Group subsidiary, for a vehicle logistics and processing center for Hyundai and Kia vehicles.
In March 2017, the PSA Group agreed to buy Opel, its English twin sister brand Vauxhall and their European auto lending business from General Motors for US$ 2.2 billion. [41] [42] In return, General Motors will pay PSA US$3.2 billion for future European pension obligations and keep managing US$9.8 billion worth of plans for existing retirees ...
Consolidation of the automobile industry is an ongoing occurrence. Behind each automobile brand lies larger parent corporations.Auto mobile corporations, external corporations and private shareholders commonly own varying amounts of multiple auto mobile corporations, thus resulting analysis of relationships between auto mobile corporations becomes increasingly complicated.
A look at the shareholders of General Motors Company ( NYSE:GM ) can tell us which group is most powerful. Insiders...
The company was dissolved with the end of 2012 due to the alliance of PSA Peugeot Citroën with General Motors. Changan PSA was a 50–50 joint venture with the Chinese Chang'an Automobile Group, based in Shenzhen with an initial annual production capacity of 200,000 vehicles & engines. [76] It produces cars of the DS Automobiles brand.
Shares of General Motors surged almost 10% Tuesday after the automaker posted a $3 billion third-quarter profit, slightly less the same period a year ago. GM's stock closed up 9.8% at $53.73, the ...
General Motors Company (NYSE:GM) shares are trading lower in the premarket session on Tuesday. The automotive behemoth reported adjusted earnings per share of $1.92 in the fourth quarter, beating ...