General Motors (GM) is a global automotive company that designs, manufactures, and sells a range of vehicles, including trucks, crossovers, and cars, under popular brands like Chevrolet, Cadillac, Buick, and GMC. It also sells automobile parts and offers after-sale services, including maintenance, repairs, and vehicle accessories.
The company is committed to providing innovative solutions that make mobility more accessible, sustainable, and safe. To this end, it offers a range of software-enabled services and subscriptions, such as on-demand vehicle diagnostics, connected navigation, and 4G LTE wireless connectivity.
GM operates through several segments, including GM North America, GM International, Cruise, and GM Financial. It also provides automotive financing and insurance services.
With a history dating back to 1908, GM is headquartered in Detroit, Michigan, and operates in over 100 countries worldwide. The company's commitment to innovation, sustainability, and social responsibility has earned it numerous awards and recognition, making it a leading player in the global automotive industry.
General Motors (GM) is one of the largest automobile manufacturers in the world, with a rich history dating back over a century. Here's an overview of GM's history:
GM was founded in 1908 by William C. Durant, a pioneer in the American automobile industry. Durant acquired several struggling automakers, including Buick, Oldsmobile, and Cadillac, and merged them into one company. The new company, General Motors, quickly became the largest automobile manufacturer in the United States.
Expansion and Diversification:
Under Durant's leadership, GM continued to expand and diversify, acquiring new brands and expanding into new markets. In the 1920s, GM introduced the Chevrolet brand, which quickly became a best-seller. The company also began to expand globally, establishing operations in Canada, Europe, and Latin America.
In the 1930s, GM diversified into other industries, including finance and insurance. The company also established a research and development center, which led to numerous technological innovations, such as the first automatic transmission.
Following World War II, GM experienced a period of tremendous growth and prosperity. The company introduced new models, such as the Chevrolet Corvette and the Cadillac Eldorado, and continued to expand globally. In the 1950s, GM became the first company to produce over 1 million vehicles in a single year.
Challenges and Restructuring:
In the 1970s and 1980s, GM faced a series of challenges, including rising competition from foreign automakers, increasing labor costs, and a shift in consumer preferences towards smaller, more fuel-efficient cars. In response, GM began to restructure its operations, closing plants and laying off workers.
In the 1990s, GM faced new challenges, including the rise of Japanese automakers and increasing pressure to produce more environmentally-friendly vehicles. The company responded by investing in new technologies, such as electric and hybrid vehicles, and by expanding into new markets, such as China.
In the 21st century, GM has faced a series of new challenges, including the 2008 financial crisis, which led to the company's bankruptcy and government bailout. Since then, GM has undergone a major restructuring, streamlining its operations and focusing on its core brands, such as Chevrolet and Cadillac.
Today, GM is a global leader in the automotive industry, with operations in over 100 countries and a diverse portfolio of products and services. The company is committed to creating a future with zero crashes, zero emissions, and zero congestion, and is investing heavily in new technologies, such as autonomous vehicles and electric powertrains, to make this vision a reality.
GM's mission is to design, build, and sell the world's best vehicles while providing exceptional customer experiences and creating long-term value for its shareholders. The company is committed to driving sustainable growth and profitability by investing in its core brands, developing new products and services, and expanding into new markets.
General Motors' vision is to create a world with zero crashes, zero emissions, and zero congestion. This vision is encapsulated in the company's mission statement: "We are driving a safer, cleaner, and more connected world."
To achieve this vision, GM has set a series of ambitious goals, including:
- Zero crashes: GM is working to develop vehicles that are equipped with advanced safety features such as automatic emergency braking, lane departure warning, and pedestrian detection. The company is also investing in autonomous vehicle technology, which has the potential to virtually eliminate crashes caused by human error.
- Zero emissions: GM is committed to a future where all of its vehicles are powered by electricity. The company has set a goal of selling only zero-emissions vehicles by 2035 and achieving carbon neutrality by 2040. GM is also investing in renewable energy sources such as wind and solar to power its factories and offices.
- Zero congestion: GM is exploring new ways to reduce congestion on the roads, such as ride-sharing and car-sharing services. The company is also investing in connected vehicle technology, which can help reduce traffic by optimizing the flow of vehicles on the road.
In summary, General Motors' vision is to create a future where vehicles are safer, cleaner, and more connected, and where mobility is accessible to all. By setting ambitious goals and investing in advanced technologies, GM is working to make this vision a reality.
Frederic Smith (Founder)
Paul Jacobson (CFO)
Carol Stephenson (Board Member)
Christopher T Hatto (Vice President, Global Business Services and Chief Accounting Officer)
Linda Gooden (Board Member)
Mark Reuss (President)
Thomas Schoewe (Board Member)
Al Oppenheiser (Chief Engineer, GMC Hummerev)
Alan Wexler (Senior Vice President)
Shilpan Amin (Senior Vice President and President, GM International)
Recognition and Awards
Products and Services
General Motors (GM) is one of the largest automobile manufacturers in the world, offering a wide range of products and services to customers globally. Here's an overview of GM's products and services:
Cars: GM produces a variety of cars under its various brands, such as Chevrolet, Cadillac, Buick, and GMC. From compact cars to luxury sedans, GM has a car for every need.
Trucks and SUVs: GM is also known for its trucks and SUVs, which include the popular Chevrolet Silverado, GMC Sierra, Chevrolet Tahoe, and GMC Yukon.
Electric and hybrid vehicles: In recent years, GM has been investing heavily in electric and hybrid vehicles. The company offers the Chevrolet Bolt EV, which is a fully electric vehicle, and the Chevrolet Volt, which is a plug-in hybrid.
Performance vehicles: GM is also known for its high-performance vehicles, such as the Chevrolet Camaro and the Chevrolet Corvette.
Financing: GM offers financing options for customers looking to purchase a new or used vehicle. This includes auto loans and leases.
Maintenance and repairs: GM has a network of authorized service centers that provide maintenance and repair services for its vehicles. These service centers use genuine GM parts and are staffed by trained technicians.
OnStar: OnStar is GM's telematics service that provides customers with a range of services, including emergency assistance, vehicle diagnostics, and remote vehicle access.
Connected services: GM's connected services include features such as remote start, remote door lock/unlock, and vehicle location tracking. These features are accessible through the MyGM mobile app.
General Motors offers a wide range of products and services to meet the needs of its customers. Whether you're looking for a fuel-efficient car, a rugged truck, or a high-performance sports car, GM has something for you. Additionally, GM's financing and maintenance services help ensure that customers can get the most out of their vehicles over the long term.
William Durant (Founder)
Charles Mott (Founder)
Mary Barra (Chair and CEO)