Prior to his acquisition of Buick, Durant had several Ford dealerships. 1918 also saw personnel increase at GM. Again, these cars were all quite popular in their respective segments for the first couple of years, but brake problems, and other defects, ended up giving them, known to the public as "X-Cars", such a bad reputation that the 1985 model year was their last. Dr. Campbell, Durant's son-in-law, put 1,000,000 shares on the stock market in Chicago Buick (then controlled by Durant). 2013-ban újabb 130 millió euró értékben bővítették a cég üzemcsarnokát és további 100 új munkahelyet teremtettek. It manufactures its cars and trucks in 35 different countries and sells them under the brands of Buick, Cadillac, Chevrolet, GM Daewoo, GMC … The U.S. automakers saw sales increase to leverage costs as gross margins deteriorated. Nachrichten zur Aktie General Motors | A1C9CM | GM | US37045V1008 Current auto brands are Buick, Cadillac, Chevrolet, GMC, and Wuling. General Motors Company (GM) is an American multinational corporation headquartered in Detroit that designs, manufactures, markets, and distributes vehicles and vehicle parts, and sells financial services, with global headquarters in Detroit's Renaissance Center. When the individual leases had expired, they declined to renew the leases or allow the lessors to purchase them. Electro-Motive Diesel (EMD) was originally the Electro-Motive Division of GM, until 2005. In late 2008 GM, along with Chrysler, received loans from the American, Canadian, and Ontarian governments to bridge the late-2000s recession, record oil prices, and a severe global automotive sales decline (see also automotive industry crisis of 2008–2009) due to the global financial crisis of 2008–2009. In 1925, GM bought Vauxhall of England, and then in 1929 went on to acquire an 80% stake in German automobile manufacturer Opel. General Motors Company is the largest American car company. [245], Journalist David E. Davis, in a 2009 article in Automobile Magazine, noted that despite Nader's claim that swing-axle rear suspension were dangerous, Porsche, Mercedes-Benz, and Volkswagen all used similar swing-axle concepts during that era. [89], General Motors vehicle sales in China rose 28.8 percent to a record 2,351,610 units in 2010. It seemed that, in every decade, a major mass-production product line was launched with defects of one type or another showing up early in their life cycle. These moves were met with much less resistance within GM than had Roger's similar initiatives as GM management ranks were stinging from their recent near-bankruptcy experience and were much more willing to accept the prospect of radical change. General Motors Egypt S.A.E. Oldsmobile sales soared in the 1970s and 1980s (for an all-time high of 1,066,122 in 1985) based on popular designs, positive reviews from critics and the perceived quality and reliability of the Rocket V8 engine, with the Cutlass series becoming North America's top selling car by 1976. General Motors employs 212,000 people and does business in more than 140 countries. It made diesel engines and locomotives. On December 10, 2013, GM named her to succeed Dan Akerson as chief executive officer. General Motors filed for a government-backed Chapter 11 reorganization on June 8, 2009. The first time was in 1928 when it became the first car maker to manufacture cars in India. As a result, "Jack" Smith (not related to Roger) became burdened with the task of overseeing a radical restructuring of General Motors. [54], As a result of the COVID-19 pandemic, in July 2020, the company reported a $758 million net loss for the Q2 of 2020. [13]:12, 13, The company also operates a mobility division called Maven, which operates car-sharing services in the United States, and is studying alternatives to individual vehicle ownership. The two firms will control seven factories around Indianapolis but GM will retain management of a factory in Baltimore. The deal will increase GM's liquidity and echoes previous moves to shift its focus towards its core automotive business. [citation needed], Formed in 1975, General Motors East Africa (GMEA) was the largest assembler of commercial vehicles in the region exporting them from Kenya to East and Central African countries including Uganda, Tanzania, Malawi, Rwanda and Burundi. During this period, it was also somewhat overwhelmed by the success of the Ford Mustang. [223] The company has moved from a corporate-endorsed hybrid brand architecture structure, where GM underpinned every brand to a multiple brand corporate invisible brand architecture structure. [203], The 1966 GM Electrovan is credited with being the first hydrogen fuel cell car ever produced. [158], GM has long worked on alternative-technology vehicles, and has led the industry with ethanol-burning flexible-fuel vehicles that can run on either E85 (ethanol) or gasoline. Hauptsitz des Unternehmens ist Detroit im Bundesstaat Michigan.Seit 1. [186] Retail sales began in South Korea in October 2013. By 1958, the divisional distinctions within GM began to blur with the availability of high-performance engines in Chevrolets and Pontiacs. [citation needed], In the 1920s Miller Brothers Nigeria was founded as an importer of commercial vehicles of the Bedford brand into the country. General Motors Company (commonly known as General Motors or GM) (NYSE:GM, TSX:GMM.U), is an American multinational automotive corporation headquartered in Detroit, Michigan and the world's second-largest automaker (after Toyota).3 The old General Motors Corporation was founded in 1908 and was reestablished as of July 10, 2009.4 With its global headquarters in Detroit, GM employs 209,000 … [163][164] In November 2020, GM committed to increased capital investment in electric vehicles to over half of new capital expenditures — totalling to $27 billion over five years. According to the statement, Ventec will borrow GM's resources and use their expertise to rapidly build new ventilators.[220]. [39], As part of the company's advertising, Ed Whitacre announced the company's 60-day money-back guarantee and repayment of a $6.7 billion loan from the government ahead of schedule. The Treasury invested an additional $17.2 billion into GM's former financing company, GMAC (now Ally). By 1917 the Chevrolet Motor Company had become successful enough that Durant, with the backing of Samuel McLaughlin and Pierre S. du Pont, reacquired a controlling interest in GM. [204] Though fuel cells have been around since the early 1800s, General Motors was the first to use a fuel cell, supplied by Union Carbide, to power the wheels of a vehicle with a budget of "millions of dollars". GM controlled city politics in Flint and kept a close eye on outsiders. [207], On July 2, 2013, GM and Honda announced a partnership to develop fuel cell systems and hydrogen storage technologies for the 2020 time frame. In 1910, Welch and Rainier were added to the ever-growing list of companies controlled by GM. It was the 5th largest automobile manufacturing company in India after Maruti Suzuki, Hyundai, Tata Motors and Mahindra. [231] It was "the longest strike against a major manufacturer" that the UAW had yet seen, and it was also "the longest national GM strike in its history. To accommodate them, GM began to build employee housing with the nearly $2.5 million set aside for the project. [248] General Motors are also facing 79 customer lawsuits asking for as much as $10 billion for economic losses attributed to the recall. An early prototype of the Personal Urban Mobility and Accessibility vehicle—dubbed Project P.U.M.A. [91] The company plans to double its sales from 2010 to about 5 million units in China by 2015. Their industrial dominance was displayed as they manufactured products other than cars and trucks such as aircraft (North American Aviation), construction equipment (Terex), trains (Electro-Motive Diesel), Farm tractors (Samson Tractor/Janesville Machine Co.), Truck and boat engines (Detroit Diesel&Allison Engine Company, and appliances (Frigidaire). Production started in late 2011 with the Chevrolet Sonic. GM and Honda are leaders in fuel cell technology, ranking No. They were produced in a much-improved Lordstown Assembly plant, as were their replacements, the Chevrolet Cobalt and Pontiac Pursuit/G5. [19], At one point GM had become the largest corporation registered in the United States, in terms of its revenues as a percent of GDP. Weak product line-up and below par service quality were the reasons for the poor showing by GM in India. Read all of our General Motors stories on GM.com. [75], Sloan's memoir presents a different picture of Opel's wartime existence. Einträge in der Kategorie „General Motors“ Folgende 86 Einträge sind in dieser Kategorie, von 86 insgesamt. [36], As of April 2019[update], Mary Barra is the chief executive officer (CEO) and chairman of the board and Mark Reuss is the president. On December 10, 2013,[118] GM announced that Holden would cease manufacturing operations in Australia by the end of 2017. Then, following a $10.6 billion loss in 2005, GM acted quickly to implement its restructuring plan. Many came from the South of the United States, as well as from Europe, to work at GM Michigan facilities. Media in category "General Motors engines" The following 10 files are in this category, out of 10 total. [24][25] On July 10, 2009, the original General Motors sold assets and some subsidiaries to an entirely new company, including the trademark "General Motors". [13]:p.96, On March 11, 2013, GM opened a new 190,300 square-foot manufacturing plant in Bekasi, Indonesia. They demonstrated[159] gas turbine vehicles powered by kerosene, an area of interest throughout the industry, but abandoned the alternative engine configuration in view of the 1973 oil crisis. United Motors also acquired at this time the original Remy corporation[127] (called the Remy Electric Company), a competitor of Delco. [113] During the Great Depression, Holden's Motor Body Builders collapsed, which allowed General Motors to acquire Holden, becoming General Motors-Holden [GMH] in 1931. On April 27, 2009, GM announced that it would phase out the Pontiac brand by the end of 2010 and focus on four core brands in North America: Chevrolet, Cadillac, Buick, and GMC. . [119] Holden's Australian presence now only consists of a national sales company, a parts distribution centre and a global design studio. [47] In 2011, GM returned to the first place with 9.025 million units sold worldwide, corresponding to 11.9% market share of the global motor vehicle industry. [35] However, in 2018, GM cut approximately 14,000 jobs. Its facility located in Nairobi assembled a wide range of Isuzu trucks and buses including the popular Isuzu N-Series versatile light commercial vehicle, TF Series pick-ups and Isuzu bus chassis. This was the first time that GM produced a sub compact car in the United States since the Chevrolet Chevette ended production in 1986. [45] After Kerkorian sold, GM lost more than 90% of its value, falling as low as $1/share by May 2009.[46]. The "super cruise" or vehicle-to-vehicle V2V technology is likely to be first introduced to the Cadillac range, enabling drivers to switch in and out of semi-automated mode. [28], Also in 2009, General Motors of Canada Limited was not part of the General Motors Chapter 11 bankruptcy, the company shed several brands, closing Saturn, Pontiac, and Hummer, while selling Saab Automobile to Dutch automaker Spyker, and emerged from a government-backed Chapter 11 reorganization. Lizenz . Because of the significant role GM plays in the United States, the strikes and temporary idling of many plants noticeably showed in national economic indicators. The group will pay GM $7.4 billion in cash at closing. In 1948, GM divested NAA as a public company, never to have a major interest in the aircraft manufacturing industry again. Just as production began to ramp up, Durant was fired for the second and final time from General Motors. When he was asked during the hearings before the Senate Armed Services Committee if as secretary of defense he could make a decision adverse to the interests of General Motors, Wilson answered affirmatively but added that he could not conceive of such a situation "because for years I thought what was good for the country was good for General Motors and vice versa". ", "Buick, Big in China from the first sales by the McLaughlin's, Seeks to Recapture U.S. General Motors ranked first among United States corporations in the value of wartime production contracts. "American Vanguard: The United Auto Workers During the Reuther Years, 1935-1970". By the mid-1960s, most of GM's vehicles were built on a few common platforms and in the 1970s GM began to further unify body panel stampings. As of 1987 GM no longer builds heavy duty transit buses. General Motors Company, commonly known as GM, is an American multinational corporation headquartered in Detroit, Michigan, that designs, manufactures, … Vuonna 2016 GM myi 10 miljoonaa ajoneuvoa ympäri maailmaa. General Motors grew in prominence surpassing Ford Motors selling just over 50% of car sales in 1962. General Motors Co. engages in the designing, manufacturing, and selling of cars, trucks and automobile parts. It relates to the first (1960–1964) models that had a swing-axle suspension design which was prone to 'tuck under' in certain circumstances. [100][101], In February 2018, comments by CEO Mary Barra that GM's Korean operations' cost structures had "become challenging" fuelled speculation that the company might divest GM Korea, followed by a market exit. To market the vehicles, Sheridan hired World War I flying ace Eddie Rickenbacker, himself an accomplished automobile racer in his own right. While GM maintained its world leadership in revenue and market share throughout the 1960s to 1980s, it was product controversy that plagued the company in this period. In 2003, the remaining parts of Hughes Electronics were sold to News Corporation and renamed The DirecTV Group. Shanghai-GM-Wuling sold 1.23 million vehicles in 2010, mainly commercial vans and trucks, of which about 700,000 units were a van called Sunshine. In 1984, GM acquired Electronic Data Systems Corporation (EDS), a leading data processing and telecommunications company, to be the sole provider of information technology (IT) services for the company. By the late 1990s, GM had regained market share; its stock had soared to over $80 a share by 2000, peaking at $93.63 a share on April 28[30] and $50 billion capitalization. Learn more about the company’s history. Wayne State University Press, 2004, p. 212. [102] GM is currently negotiating a $2.8 billion investment plan for its Korean operations from the South Korean government, to be dispersed over the next decade. General Motors Corporation (GM) là một hãng sản xuất ô tô Hoa Kỳ, đóng trụ sở ở Detroit, tiểu bang Michigan, Hoa Kỳ.Đây đã là hãng sản xuất ô tô lớn thứ nhì thế giới, sau Toyota theo xếp hạng doanh số toàn cầu năm 2008. automakers. [214][215], Through 2002, the PACE Awards program, led by GM, EDS, and SUN Microsystems, has given over $1.2 billion of in-kind contributions which includes computers to over 18 universities to support engineering education. In addition to the obvious manufacture of motor vehicles for the Allied cause, GM was also a major manufacturer of aircraft. A letter from Tracinda (Kerkorian's investment vehicle) to Rick Wagoner was released to the public[40] to pressure GM's executive hierarchy,[41] but talks failed. The General Motors Research Corporation, at Dayton under Kettering, became a true automotive research center. As part of the deal, GM granted Fiat a put option, which, if the option had been exercised between January 2004 and July 2009, could have forced GM to buy Fiat. The shares in Ally were sold on December 18, 2014, for $19.6 billion netting $2.4 billion. GM's core European brands were Vauxhall and Opel, which both sell much the same range of cars in different … [172] The second-generation Volt was launched in the U.S. and Canada in October 2015. Glory", "Toyota Retakes Global Lead From GM on Disaster Recovery", "GM to halt production at several plants, cut more than 14,000 jobs", "Toyota sold 8.4M vehicles in 2010 to hold top spot", "GM: intern advances to highest ranking Black in automobile industry", "GM Design boss Ed Welburn retiring July 1", "GM To Take New Chevy Campaigns for a Spin", "Dan Akerson to Retire as GM CEO in January 2014", "GM's Ammann Pushes to Expand Lending Operations He Dismantled", "GM Says It Earned $4.7 Billion Last Year", "GM Posts First Full-Year Profit Since 2004", "World Ranking of Manufacturers Year 2010", "GM global sales up 7.6% in 2011 to 9.026M vehicles; China and US largest markets", "B-School Commencement 2013: GM's Dan Akerson", "Shell of Old G.M. General Motors Company (GM) is an American multinational corporation headquartered in Detroit that designs, manufactures, markets, and distributes vehicles and vehicle parts, and sells financial services, Overview. In the first year of GM’s existence, it acquired Oldsmobile, Cadillac, Elmore, and Oakland (the precursor to Pontiac). In a letter to a concerned shareholder, Sloan said that the manner in which the Nazi government ran Germany "should not be considered the business of the management of General Motors...We must conduct ourselves as a German organization. Quality was better, but still not exemplary, although good enough to survive through three generations to the 2005 model year. Business data for General Motors Company: (1) Non-U.S. based parent company that owns subsidiaries headquartered in U.S. (2) Company still exists but is no longer in the automotive manufacturing business, This page was last edited on 29 March 2021, at 00:24. Vuonna 2016 GM myi 10 miljoonaa ajoneuvoa ympäri maailmaa. Джі-Ем, акції NYSE: GM) — американський автомобільний концерн, виробляє вантажні і пасажирські автомобілі в 37 країнах і продає їх в 192 країнах. ; Chevrolet. Prior to their sale to Groupe PSA in 2017, Opel was the main GM brand name in Europe except in Great Britain, where GM's English subsidiary, Vauxhall, sells Opel cars under the "Vauxhall" name. General Motors EV1, engine bay, Motorraum.JPG 3,488 × 2,616; 2.16 MB. General Motors Europe (often abbreviated to GM Europe) was responsible for the operation of General Motors ("GM") businesses in Europe. [118] Holdens from then on were sourced from GM's Korean and North American operations, and PSA. After five … Eventually the recall involved about 2.6 million GM cars worldwide. [162], The company is committed to investing heavily in electric cars. Kevin Boyle. In the end, the CEO apologized to Nader. [77], In 1939, defending the German investment strategy as "highly profitable", Alfred P. Sloan had told shareholders that GM's continued industrial production for the Nazi government was merely sound business practice. 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