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General Motors
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General Motors (GM), a Detroit-based automotive giant, holds a prominent position in the global automotive industry. Founded in 1908 by William C. Durant, GM's history is marked by significant acquisitions, establishing it as a leading automaker for decades. The company's portfolio includes iconic b...
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- Company type Public
- Industry Automotive
- Founded September 16, 1908
- Founders William C. Durant
- Headquarters Renaissance Center, Detroit, Michigan, United States
- Area served Worldwide
- Key people Charles Kettering, Director of Research (1920-1947), Alfred P. Sloan, CEO (1923-1946)
- Services Automotive finance, Vehicle leasing, Vehicle service
- Revenue US$187.4 billion (2024)
- Net income US$6.008 billion (2024)
- Number of employees 162,000 (2024)
- Subsidiaries GM Insurance, GM Energy, GM Envolve, OnStar, DMAX, GM Components Holdings, GM Defense, GM Performance Power Units, GM Subsystems Manufacturing LLC, Ultium Cells LLC, GM Argentina, GM Brazil, GM Canada, GM Chile, GM Colombia, GM Ecuador, GM Egypt, GM Japan, GM Korea, GM Mexico, GM New Zealand, GM Specialty Vehicles, GM Technical Center Korea, Pan Asia Technical Automotive Center (50%), SAIC-GM (50%), SAIC-GM-Wuling (44%), SGMW Motor Indonesia
- Website www.gm.com
General Motors history
Last Updated : 25/03/25, 12:11 AM
General Motors: A Century of Innovation and Transformation From its origins as the Durant-Dort Carriage Company, General Motors rapidly ascended to become a global automotive behemoth. William C. Durant’s acquisitive strategy, fueled by acquisitions of Buick, Oldsmobile, and Cadillac, establis...
GENERAL MOTORS NEWS
What is 'badge engineering’ in cars, how it helps customers, automakers
January 06, 2025 6:16 pm
Is your car a product of 'badge engineering'? Automakers are turning badge engineering, essentially a cost-cutting technique, into a winning strategy. Here is how, and why.
GM to exit loss-making Cruise robotaxi business
December 11, 2024 4:58 pm
General Motors (GM) has announced it will end its investment in self-driving robotaxi development at Cruise, its majority-owned subsidiary. Citing high costs, increasing competition, and challenges in scaling the technology.
GM lays off over 1,000 salaried software, services employees
August 20, 2024 8:41 am
General Motors announced layoffs of over 1,000 salaried employees in software and service units globally.
US auto workers target Detroit Three with first simultaneous strike
September 15, 2023 4:58 pm
The strikes involving a combined 12,700 workers will take place at assembly plants operated by Ford in Wayne, Michigan, GM in Wentzville, Missouri and Stellantis' Jeep brand in Toledo, Ohio.
Hyundai inks asset purchase agreement to acquire General Motors' Talegaon plant
August 16, 2023 2:21 pm
Hyundai Motor India signed an asset purchase agreement to acquire and assign identified assets related to General Motors India's Talegaon plant in Maharashtra.
GM explores using ChatGPT in vehicles
March 12, 2023 8:37 am
"This shift is not just about one single capability like the evolution of voice commands, but instead means that customers can expect their future vehicles to be far more capable and fresh overall when it comes to emerging technologies," a GM spokesperson said on Friday.
US ‘must be alarmed’ by foreign companies exiting India: Hudson directors
July 18, 2022 6:49 am
Notably, while some of these companies have either cited poor competitive position or global business strategies, others have had long-running tiffs with law enforcement and tax authorities.
CES 2021 Day 2 recap: GM shows a flying car, Razer unveils a high-tech N95 mask and more
January 13, 2021 10:26 am
A concept flying car, a high-tech N95 mask, new processors for laptops, and the world's first laptop with a 360Hz refresh rate were shown on the second day of CES 2021.
General Motors recalling nearly 69,000 Bolt electric cars due to fire risk
November 14, 2020 12:33 pm
The recall covers Bolts from the 2017 through 2019 model years, including nearly 51,000 in the U.S.
GM hires new chief financial officer from Delta Airlines
October 31, 2020 2:29 pm
The Detroit-based company said on Friday that Paul Jacobson will start the new position on December 1.
