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The modernist glass-facade of the rounded towers skyscraper of the Renaissance Center in downtown Detroit, Michigan, is the world headquarters of General Motors, since 1996. The history of General Motors (GM), one of the world's largest car and truck manufacturers, dates back more than a century and involves a vast scope of industrial activity ...
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.
Pontiac, or formally the Pontiac Motor Division of General Motors, was an American automobile brand owned, manufactured, and commercialized by General Motors. It was originally introduced as a companion make for GM's more expensive line of Oakland automobiles. [ 3 ]
General Motors Corporation was started at this time with Durant putting Pierre du Pont in charge, with McLaughlin Director and Vice President of the newly incorporated General Motors Corporation in 1918. The venture proved highly successful for Durant, and he was able to buy enough shares in GM to regain control, becoming its president in 1916.
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.
General Motors' core business has been performing well, and its cash flow has led the company to buying back roughly $16 billion of shares back since announced in November 2023.
What General Motors Is Worth. Share Price, 52-Week Range. $33.55-$64.30. 2020 Revenue. $122.485B. 2020 Profit. $6.427B. GOBankingRates’ Evaluation of GM’s Net Worth
Coinciding with its early-spring launch and the timing of its release (a fuel-efficient design during a fuel shortage), the 1980 Citation became one of the most successful product launches in General Motors history; over 810,000 examples were sold, with the Citation becoming the best-selling car in the United States for 1980. [8]