General Motors Net Worth is$40 B
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Company Type: Public
Traded As: GM, GMM.U
Foundation: September 16, 1908
Founder: William C. Durant
Location: Renaissance Center, United States
Locations: 156 facilities on six continents Area Served: Worldwide
Key People: Daniel Akerson, Chairman and CEO
Industry: Automotive industry
Products: Automobiles, Financial Services
Revenue: {{increase US$ 150.28 billion (2011) Operating Income: net income
Assets: equity
Num Employees: 202,000 (2012) Divisions: Chevrolet, GMC (automobile)
Subsid: title
Joint-Ventures: SAIC-GM-Wuling Automobile, Jiefang (automobile)
Homepage: www.gm.com
General Motors Company (NYSE: GM, TSX: GMM.U), commonly known as GM (General Motors Corporation before 2009), is an American multinational automotive corporation headquartered in Detroit, Michigan, and the world's largest automaker, by vehicle unit sales, in 2011, employing 202,000 people and doing business in some 157 countries. General Motors produces cars and trucks in 31 countries, and sells and services these vehicles through the following four regional segments, which are GM North America (GMNA), GM Europe (GME), GM International Operations (GMIO), and GM South America (GMSA), through which development, production, marketing and sales are organised in their respective world regions, plus as fifth segment GM Financial.:p.12/13
General Motors (GM) automobile marques are Alpheon, Baojun, Buick, Cadillac, Chevrolet, GMC, Jiefang, Opel, Vauxhall, Holden, and Wuling.
GM acts in most countries outside the USA via direct subsidiaries, but in China through 10 joint ventures, among them Shanghai GM and SAIC-GM-Wuling Automobile:p.18. GM owns (per 31 December 2011) 77.0% of its joint venture in South Korea, GM Korea:p.96. GM's OnStar subsidiary provides vehicle safety, security and information services.
In 2009, the company shed several brands, closing Saturn and Pontiac, and emerged from a government backed Chapter 11 reorganization. In 2010, GM made an initial public offering that was one of the world's top 5 largest IPOs to date. GM returned to profitability in 2010.
Based on global sales, General Motors is currently the world's no. 1 automaker. Headquartered at the Renaissance Center in Detroit, GM employs approximately 202,000 people around the world. In 2009, General Motors sold 6.5 million cars and trucks globally; in 2010, it sold 8.4 million.
On July 23, 2009, GM announced its new Board of Directors: Dan Akerson, David Bonderman, Robert D. Krebs, Patricia F. Russo and Ed Whitacre (GM Chairman and Interim Chief Executive Officer). Board members who

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General Motors Latest News

Tonawanda General Motors Engine Pant manufacturing essential components for Chevy Silverado

TONAWANDA, N.Y. (WKBW) - More than 600 jobs will be retained at the Tonawanda General Motors Engine Plant now that the plant will manufacture essential parts for Chevy's number one selling truck. The plant will build 5.3L and 6.2L V-8 engines with Dynamic ...
Posted: May 21, 2018, 7:22 am

General Motors Recognizes Hanon Systems as a 2017 Supplier of the Year

GM recognized 132 of its best suppliers from 17 countries that have consistently exceeded GM's expectations, created outstanding value or brought new innovations to the company. The announcement represented the most suppliers GM has recognized since ...
Posted: May 16, 2018, 9:51 am

10 - General Motors

America’s biggest car maker is a Fortune 500 stalwart: It has appeared on the list every year since the ranking’s 1955 debut. Like the rest of the auto industry, the Mary Barra-led company—the largest female-led firm on this list—has had a tough ...
Posted: May 21, 2018, 3:00 am
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