General Motors Company (GM) : The Founder, Headquarter, Products And Other Things You Need To Know

General Motors Company

Founded

September 16, 1908; 113 years ago (original company)

July 10, 2009; 12 years ago (present company)

Founders

William C. Durant

Charles Stewart Mott

Frederic L. Smith

Headquarters

Renaissance Center, Detroit, Michigan, U.S.

Number of locations

396 facilities on six continents

Area served

Worldwide

Key people

Mary Barra (Chairperson & CEO)

Mark Reuss (President)

John Stapleton (Acting CFO)

Products

Automobiles

Automobile parts

Commercial vehicles

Production output

6,829,000 vehicles (2020)

Number of employees

155,000 (December 2020)

Divisions

Buick

Cadillac

Chevrolet

GMC

General Motors Company

General Motors Company (GM) is an American multinational automotive manufacturing company headquartered in Detroit, Michigan, United States.

It was founded by William C. Durant on September 16, 1908, as a holding company, and the present entity was established in 2009 after its restructuring. The company is the largest American automobile manufacturer and one of the world’s largest automobile manufacturers.

At its peak, GM had a 50% market share in the United States and was the world’s largest automaker from 1931 through 2007.

GM’s former EU subsidiaries Opel and Vauxhall, both acquired in 1929, were sold to the French automaker PSA Group in March 2017.

As of 2021, General Motors is ranked number 22 on the Fortune 500 rankings of the largest United States corporations by total revenue.

General Motors manufactures vehicles in several countries. Its four core automobile brands are Chevrolet, Buick, GMC and Cadillac.

It also either owns or holds a significant stake in foreign brands such as Wuling, Baojun, and Jiefang. Annual worldwide sales volume reached a milestone of 10 million vehicles in 2016.

• See Also : GM CEO Mary Barra Drives Recalled Bolt, Owns A Corvette, All-electric GMC Hummer And Cadillac Lyriq On The Way