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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.
Chevrolet (/ ˌ ʃ ɛ v r ə ˈ l eɪ / SHEV-rə-LAY), colloquially referred to as Chevy, is an American automobile division of the manufacturer General Motors (GM).. Louis Chevrolet (1878–1941), Arthur Chevrolet (1884–1946) and ousted General Motors founder William C. Durant (1861–1947) started the company on November 3, 1911 [2] as the Chevrolet Motor Car Company.
In 2009, GM had renamed itself as General Motors Company, creating its former appellation: General Motors Corporation. On May 30, 2009, it was announced that a deal had been reached to transfer GM's Opel assets to a separate company, majority-owned by a consortium led by Sberbank of Russia (35%), Magna International (20%), and Opel employees (10%).
In 1984, the company was acquired by General Motors for $2.5 billion (~$6.21 billion in 2023), with EDS becoming a wholly owned subsidiary of GM. Meyerson remained president and in 1985, the company had a presence in 21 countries with 40,000 employees.
Chevrolet; Daewoo (GM owns 44%) Fiat (GM has decided to divorce itself from Fiat as of Feb '05, but will retain 10% ownership.) GMC; Holden (brand discontinued in 2020) Hummer (brand discontinued in 2010, reintroduced as a GMC model in 2021 and 2023) Oldsmobile (brand discontinued in 2004) Pontiac (brand discontinued in 2010)
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. ... The company now expects to make $10.4 ...
Vauxhall Motors Limited [note 2] is a British [6] car company headquartered in Chalton, Bedfordshire, England.Vauxhall became a subsidiary of PSA Group in 2017, and latterly it's successor Stellantis in January 2021, having previously been owned by General Motors since 1925.
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 ...