AskBiography Logo   Latest News  Follow Us on Twitter  Follow Us on Google Buzz  Became Fan - Facebook  Subscribe to RSSRSS   Bookmark and Share

General Motors

General Motors
Company nameGeneral Motors Company
Company typePublic company
FoundedSeptember 16, 1908
reestablished June 10, 2009
Founder(s)William C. Durant
HeadquartersRenaissance Center
Detroit, Michigan, United States
Area servedWorldwide
Key peopleDaniel Akerson
(Chairman and CEO)
Financial Services
Revenue(+) US$ 135.592 billion (2010)
Operating income(+) US$ 5.084 billion (2010)
Net income(+) US$ 6.172 billion (2010)
Total assets(+) US$ 138.898 billion (2010)
Total equity(+) US$ 36.180 billion (2010)
Employees209,000 (2010)
Adam Opel AG
GM Holden Ltd
GM Financial
Vauxhall Motors
GM Korea
General Motors do Brasil
GM Autoworld Indonesia

     Home | Company | General Motors

General Motors Company (NYSE - GM, TSX - GMM.U), commonly known as General Motors or GM, formerly incorporated (until 2009) as General Motors Corporation, is an American multinational automotive corporation headquartered in Detroit, Michigan and the world's second-largest automaker.

GM employs 209,000 people and does business in some 157 countries. General Motors produces cars and trucks in 31 countries, and sells and services these vehicles through the following divisions/brands: Buick, Cadillac, Chevrolet, GMC, Opel, Vauxhall, and Holden, as well as two joint ventures in China. GM's OnStar subsidiary provides vehicle safety, security and information services.

On June 8, 2009, General Motors filed for reorganization under the provisions of Chapter 11, Title 11, United States Code. On July 10, 2009, with financing partially provided by the US Government, General Motors emerged from reorganization. GM was re-listed on the NYSE on November 18, 2010, setting the record for the largest IPO in US history with a value of $20.1 billion. The U.S. government still owns a 27% stake in the company, and the Canadian government owns a 12% stake in the company. The Ontario government has owned a 3.8% stake in the company since 2009.

Warning: simplexml_load_file( [function.simplexml-load-file]: failed to open stream: HTTP request failed! HTTP/1.0 410 Gone in /home/askbio/public_html/index_bio.php on line 257

Warning: simplexml_load_file() [function.simplexml-load-file]: I/O warning : failed to load external entity "" in /home/askbio/public_html/index_bio.php on line 257

Fatal error: Call to a member function children() on a non-object in /home/askbio/public_html/index_bio.php on line 260