Journalism of Courage
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...
Image Source : Wikipedia
- 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
Explained: Why an all-electric version of the Hummer is a game-changer
October 22, 2020 7:22 am
The iconic tank-like supertruck is back, without its biggest handicap – the giant, gas-guzzling engine. If GM's gamble pays off, it could be the most resounding endorsement yet of a decisive shift to electric from fossil fuels.
General Motors wants judge removed in legal fight with Fiat Chrysler
June 27, 2020 3:48 pm
US District Judge Paul Borman, who described the lawsuit as a "nuclear option" that would be a "waste of time and resources" for years if he allows the case to move forward ordered GM CEO Mary Barra and Fiat Chrysler CEO Mike Manley to sit down without lawyers by July 1 and reach a "sensible resolution of this huge legal distraction."
Chain S Sandhu: Boy from Punjab who lived the American dream
June 13, 2020 12:05 pm
From starting out as a Staff Development Engineer at General Motors to acquiring NYX and making it one of the fastest growing companies in the state of Michigan, Chain received dozens of awards from the Asian, Asian-Indian, and Punjabi community for his vision, leadership, and philanthropy.
Tesla's market value zooms past that of GM and Ford - combined
January 09, 2020 11:21 am
Tesla Inc's stock jumped nearly 5 per cent on Wednesday, closing at a record $492.14 per share and elevating its market capitalization to almost $89 billion, or $2 billion larger than the sum of General Motors' and Ford's respective market caps of $50 billion and $37 billion.
General Motors strike affects about 1,50,000 auto industry workers, says consulting firm
October 09, 2019 8:12 am
About 75,000 employees of auto parts suppliers have either been temporarily laid off or have seen their wages shrink due to the slump in demand from GM, according to the AEG report.
Amazon, GM in talks to invest in electric pickup maker Rivian: sources
February 13, 2019 11:45 am
The deal would give Amazon and General Motors minority stakes in Rivian, the sources said. It would be a major boost for the Plymouth, Michigan-based startup, which aspires to be the first car maker to the US market with an electric pickup.
General Motors CEO will keep 'open mind' on plant closings, acknowledges anger
December 06, 2018 8:02 am
GM said last week it would close five North American assembly plants next year and cut up to 15,000 jobs as it blames slow selling car sales for the need to restructure.
What’s behind the General Motors cutbacks, and why Donald Trump is angry
November 28, 2018 8:33 am
Here are some of the calculations, and the uncertainties, behind the course General Motors has chosen.
General Motors to slash 14,700 jobs in North America
November 26, 2018 10:50 pm
Most of the affected factories build cars that won't be sold in the US after next year. They could close or they could get different vehicles to build.
Indian-American woman named CFO of US largest automaker General Motors
June 14, 2018 12:34 pm
General Motors will join a very short list of S&P 500 companies, including Hershey Co. and American Water Works Co., with women serving as CEO and CFO.
