Generl Motors

|
Type | Public |
Traded as | NYSE: GM
TSX: GMM.U |
Industry | Automotive |
Founded | September 16, 1908 |
Founder(s) | William C. Durant |
Headquarters | Renaissance Center
Detroit, Michigan
United States |
Number of locations | 156 facilities on six continents[1] |
Area served | Worldwide |
Key people | Daniel Akerson, Chairman and CEO |
Products | Automobiles
FinancialServices |
Employees | 202,000 (2012)[1] |
Divisions | Chevrolet
Buick
Cadillac
GMC |
Website | www.gm.com |

General Motors
General Motors is a car and truck manufacturer founded in 1908 and headquartered in Detroit (Michigan), USA. During the twentieth century, and much of the 2000s was the first industry group production car, losing his leadership in 2009 as a result of a crisisthat led to the bankruptcy of General Motors Corporation and leading to the founding of General Motors Company. Following this restructuring, GM would get relocated to third after Japan's Toyota and Volkswagen of Germany. That leadership lost eventually be recovered in 2011, as a result of a severe recession in Japan product of a natural disaster, he would lose his short leadership Toyota worldwide.Hysrory
Exceptions, General Motors has sold its models under numerous other brands. In 2005, GM sold 9.17 million vehicles globally under the following brands: Buick, Cadillac, Chevrolet, GMC, GM Daewoo, Holden, Hummer (now dissolved), Oldsmobile (now dissolved), Pontiac (now dissolved), Saab (sold Spyker, Spyker Saab Automobile forming), Saturn (now dissolved), Opel and Vauxhall. GM operatesa finance company, GMAC Financial Services, which offers automotive finance and insurance, residential and commercial. GM's OnStar subsidiary is a provider of information services and vehicle safety.

Due to the global economic crisis, in 2009 the company went bankrupt. For its restructuring, according to Chapter 11 of the Bankruptcy Code in the United States created a new company, named GeneralMotors Company. The new General Motors now has the most important assets of the old GM, which happened to be called General Motors Corporation to Motors Liquidation Company for settlement. The U.S. government injected a total of U.S. $ 50,000 million, in exchange then took the 60% stake.

However, despite all these calamities experienced by the company, it has managed to regain its leadershipposition in the global market, relegating his successor Toyota to third place, as a result of the recession suffered by the Japanese industry, caused by the earthquake on March 11, 2011, in the area of ​​the town of Fukushima. [4] Because of this recession, General Motors regained its lost leadership in the late 2000s, and also allowed the German giant Volkswagen get possession of second place,sending Toyota to third overall. [5]

The American car brand, Chevrolet, General Motors group, held on November 3, 2011 its hundredth anniversary, since its founding in 1911. Since the merger of the firm with General Motors, was the company's flagship automobile, becoming the best-selling car brand in the world in the twentieth century. The brand was born as the Chevrolet Motor Car Company, as aresult of the alliance between Louis Chevrolet and William Crapo Durant in 1911, with the aim of producing small, economical cars.

Louis Chevrolet, Swiss-born and naturalized U.S. citizen, was a race car driver. William Crapo Durant (American), was the founder of General Motors in 1908. After financial problems that caused his departure from GM management, partnered with Louis Chevrolet tocreate the Chevrolet brand.

In 1915, the differences between Chevrolet and Durant got to the point that he decided to sell Chevrolet Luois William Crapo Durant participation and exit the company. The Chevrolet became part of General Motors holding multi. Chevrolet was so profitable, that Durant could buy most of the shares of GM and reconverted to its president in 1917, after he was expelled in...