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A.C. Delco
ACDelco is an American automotive parts brand owned by General Motors (GM). Factory parts for vehicles manufactured by GM are consolidated under the ACDelco brand, which also offers aftermarket parts for non-GM vehicles. Over its long history it has been known by various names such as United Motors Corporation, United Motors Service, and United Delco. The brand "ACDelco" should not be confused with GM's former AC Delco Systems, formed in 1994 from the merger of AC Rochester Division and Delco Remy Division. In 1995 Aptiv, Delphi Automotive Systems absorbed AC Delco Systems. History United Motors Corporation was formed by William C. Durant in 1916 as an automotive component and accessory holding company. Durant was the owner of Buick and founder of General Motors in 1908. After he lost control of General Motors in 1910, he founded Chevrolet in 1911 with Louis Chevrolet and the profits from this permitted him to regain control of GM in 1916. At approximately the same time, he ass ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
