History Of General Motors
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History Of General Motors
The history of General Motors (GM), one of the world's largest car and truck manufacturers, dates back more than a century and involves a vast scope of industrial activity around the world, mostly focused on motorized transportation and the engineering and manufacturing that make it possible. Founded in 1908 as a holding company in Flint, Michigan, as of 2012 it employed approximately 209,000 people around the world. With global headquarters at the Renaissance Center in Detroit, Michigan, United States, General Motors manufactures cars and trucks in 35 countries. In 2008, 8.35 million GM cars and trucks were sold globally under various brands. Current auto brands are Buick, Cadillac, Chevrolet, GMC, and Wuling. Former GM automotive brands include La Salle, McLaughlin, Oakland, Oldsmobile, Opel, Pontiac, Hummer, Saab, Saturn, Vauxhall, Daewoo and Holden. In addition to brands selling assembled vehicles, GM also has had various automotive-component and non-automotive br ...
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GM Headquarters In Detroit
GM or Gm may refer to: Companies * General Motors, US automobile manufacturing company which was founded in 1908 ** Motors Liquidation Company, the US automobile manufacturing company known as General Motors Corporation from 1916 to 2009 * General Mills, US food manufacturing company * Gunn & Moore, UK sports equipment company Places * The Gambia, by ISO 3166 code * Germany, by FIPS 10-4 country code * Greater Manchester, England Sports and gaming * RGM-79 GM, a mobile suit series in the video game ''Mobile Suit Gundam'' * Gamemaster or game master, a person officiating in a multiplayer role-playing game * Grandmaster (chess) * Grandmaster (martial arts) * GM (magazine) Science and measurement * Geiger–Müller tube or G-M tube, a type of radiation detector * Genetic modification or genetically modified, manipulation of an organism's genome * Gigametre or gigameter (Gm), one billion metres * Silty gravel, in the Unified Soil Classification System * Standard gravitation ...
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Pontiac (automobile)
Pontiac or formally the Pontiac Motor Division of General Motors, was an American automobile brand owned, manufactured, and commercialized by General Motors. Introduced as a companion make for GM's more expensive line of Oakland automobiles, Pontiac overtook Oakland in popularity and supplanted its parent brand entirely by 1933. Sold in the United States, Canada, and Mexico by GM, in the hierarchy of GM's five divisions, it was slotted above Chevrolet, but below Oldsmobile, Buick, and Cadillac. Starting with the 1959 models, marketing was focused on selling the lifestyle that the car's ownership promised rather than the car itself. By emphasizing its "Wide Track" design, it billed itself as the "performance" division of General Motors, which "built excitement." Facing financial problems and restructuring efforts, GM announced in 2008 that it would follow the same path with Pontiac as it had with Oldsmobile in 2004. It would discontinue manufacturing and marketing vehicl ...
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Allison Transmission
Allison Transmission is an American manufacturer of commercial duty automatic transmissions and hybrid propulsion systems. Allison products are specified by over 250 vehicle manufacturers and are used in many market sectors including bus, refuse, fire, construction, distribution, military, and specialty applications. With headquarters in Indianapolis, Indiana, Allison Transmission has regional offices all over the world and manufacturing facilities in Indianapolis, Chennai, India, and Szentgotthárd, Hungary. History Racing team Allison began in 1909 when James A. Allison, along with three business partners, helped fund and build the Indianapolis Motor Speedway. In 1911, Allison's new track held the first Indianapolis 500 mile race. In addition to funding several race teams, James Allison founded the Speedway Racing Team Company on September 14, 1915 and quickly gained a reputation for his work on race cars and automotive technology in general. Allison built a shop near the tr ...
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Detroit Diesel
Detroit Diesel Corporation (DDC) is an American diesel engine manufacturer headquartered in Detroit, Michigan, United States. It is a subsidiary of Daimler Truck North America, which is itself a wholly owned subsidiary of the mulitinational Daimler Truck AG. The company manufactures heavy-duty engines and chassis components for the on-highway and vocational commercial truck markets. Detroit Diesel has built more than 5 million engines since 1938, more than 1 million of which are still in operation worldwide. Detroit Diesel's product line includes engines, axles, transmissions, and a Virtual Technician service. Detroit engines, transmissions, and axles are used in several models of truck manufactured by Daimler Truck North America. Divisions Detroit Diesel consists of manufacturing operations of axles, transmissions and diesel engines for on-highway only, which is owned by Daimler Truck AG. The former off-highway division was sold to MTU Friedrichshafen in 2006 and subsequent ...
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Diesel Engine
The diesel engine, named after Rudolf Diesel, is an internal combustion engine in which ignition of the fuel is caused by the elevated temperature of the air in the cylinder due to mechanical compression; thus, the diesel engine is a so-called compression-ignition engine (CI engine). This contrasts with engines using spark plug-ignition of the air-fuel mixture, such as a petrol engine ( gasoline engine) or a gas engine (using a gaseous fuel like natural gas or liquefied petroleum gas). Diesel engines work by compressing only air, or air plus residual combustion gases from the exhaust (known as exhaust gas recirculation (EGR)). Air is inducted into the chamber during the intake stroke, and compressed during the compression stroke. This increases the air temperature inside the cylinder to such a high degree that atomised diesel fuel injected into the combustion chamber ignites. With the fuel being injected into the air just before combustion, the dispersion of the fuel i ...
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Electro-Motive Diesel
Progress Rail Locomotives, doing business as Electro-Motive Diesel (EMD), is an American manufacturer of diesel-electric locomotives, locomotive products and diesel engines for the rail industry. The company is owned by Caterpillar through its subsidiary Progress Rail. Electro-Motive Diesel traces its roots to the Electro-Motive Engineering Corporation, a designer and marketer of gasoline-electric self-propelled rail cars founded in 1922 and later renamed Electro-Motive Company (EMC). In 1930, General Motors purchased Electro-Motive Company and the Winton Engine Co., and in 1941 it expanded EMC's realm to locomotive engine manufacturing as Electro-Motive Division (EMD). In 2005, GM sold EMD to Greenbriar Equity Group and Berkshire Partners, which formed Electro-Motive Diesel to facilitate the purchase. In 2010, Progress Rail completed the purchase of Electro-Motive Diesel from Greenbriar, Berkshire, and others. EMD's headquarters, engineering facilities and parts manufactur ...
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Terex
Terex Corporation is an American worldwide manufacturer of lifting and material-handling plant for a variety of industries including construction, infrastructure, quarrying, recycling, energy, mining, shipping, transportation, refining and utilities. The company's major business segments include aerial work platforms, construction cranes, bulk-material hauling machines, road-paving machines, and container-port cranes. Corporate history General Motors The Terex name has its origin as a division of General Motors. Due to a 1968 Justice Department ruling, General Motors was required to stop manufacturing and selling off-highway trucks in the United States for four years and divest the Euclid brand name. GM coined the "Terex" name in 1968 from the Latin words "terra" (earth) and "rex" (king) for its construction equipment products and trucks not covered by the ruling. IBH Holding General Motors sold the Terex division to German firm IBH Holding AG led by Horst-Dieter Esch de i ...
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Euclid Trucks
The Euclid Company of Ohio was a company that specialized in heavy equipment for earthmoving, namely dump trucks, loaders and wheel tractor-scrapers. It operated in the US from the 1920s to the 1950s, when it was purchased by General Motors. It was later purchased by Hitachi Construction Machinery. History Founding The Euclid Company of Ohio specialized in specifically designed off-road heavy haulers, compared to other companies that modified on-road trucks for off-road earth-hauling. The Euclid Crane and Hoist Co., formed in 1909 and owned by George A. Armington and his 5 sons, became a large, respected and profitable operation by the early 1920s. The Euclid Crane and Hoist Co., introduced the Euclid Automatic Rotary Scraper in 1924 - soon followed by the Euclid Wheeler (wheeled) scraper. These earth-moving products were conceived by George's eldest son, Arthur, who steered the company into the earth-moving field. The two models of scrapers were successful, and a third mode ...
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Divestment
In finance and economics, divestment or divestiture is the reduction of some kind of asset for financial, ethical, or political objectives or sale of an existing business by a firm. A divestment is the opposite of an investment. Divestiture is an adaptive change and adjustment of a company's ownership and business portfolio made to confront with internal and external changes. Motives Firms may have several motives for divestitures: # a firm may divest (sell) businesses that are not part of its core operations so that it can focus on what it does best. For example, Eastman Kodak, Ford Motor Company, Future Group and many other firms have sold various businesses that were not closely related to their core businesses. # to obtain funds. Divestitures generate funds for the firm because it is selling one of its businesses in exchange for cash. For example, CSX Corporation made divestitures to focus on its core railroad business and also to obtain funds so that it could pay off so ...
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Holden
Holden, formerly known as General Motors-Holden, was an Australian subsidiary company of General Motors. It was an Australian automobile manufacturer, importer, and exporter which sold cars under its own marque in Australia. In its last three years, it switched entirely to importing cars. It was headquartered in Port Melbourne, with major industrial operations in the states of South Australia and Victoria. The 164-year-old company ceased trading at the end of 2020. Holden's primary products were its own models developed in-house, such as the Holden Commodore, Holden Caprice, and the Holden Ute. However, Holden had also offered badge-engineered models under sharing arrangements with Chevrolet, Isuzu, Nissan, Opel, Suzuki, Toyota, and Vauxhall Motors. The vehicle lineup had included models from GM Korea, GM Thailand, GM North America. Holden had also distributed GM's German Opel marque in Australia in 2012 and 2013. Holden was founded in 1856 as a saddlery manufact ...
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Daewoo
Daewoo ( ; Hangul: , Hanja: , ; literally "great universe" and a portmanteau of "dae" meaning great, and the given name of founder and chairman Kim Woo-choong) also known as the Daewoo Group, was a major South Korean chaebol (type of conglomerate) and automobile manufacturer. It was founded on 22 March 1967 as Daewoo Industrial and was declared bankrupt on 1 November 1999, with debts of about US$50 billion (equivalent to $ billion in ). Prior to the 1997 Asian financial crisis, Daewoo was the second largest conglomerate in South Korea after the Hyundai Group. There were about 20 divisions under the Daewoo Group, some of which survived as independent companies. History Beginning and development The Daewoo Group was founded by Kim Woo-choong in March 1967. He was the son of the Provincial Governor of Daegu. He graduated from the Kyonggi High School, then finished with an Economics Degree at Yonsei University in Seoul. During the 1960s, after the end of the Syngman Rhee ...
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Vauxhall Motors
Vauxhall Motors LimitedCompany No. 00135767. Incorporated 12 May 1914, name changed from Vauxhall Motors Limited to General Motors UK Limited on 16 April 2008, reverted to Vauxhall Motors Limited on 18 September 2017. () is a British car company headquartered in Chalton, England. Vauxhall became a subsidiary of Stellantis in January 2021. Vauxhall is one of the oldest established vehicle manufacturers and distribution companies in the United Kingdom. It sells passenger cars, electric and light commercial vehicles under the Vauxhall marque, and used to sell vans, buses, and trucks under the Bedford Vehicles brand. Vauxhall was founded by Alexander Wilson in 1857 as a pump and marine engine manufacturer. It was purchased by Andrew Betts Brown in 1863, who began producing travelling cranes under the company, renaming it "Vauxhall Iron Works". The company began manufacturing cars in 1903, and changed its name back around this time. It was acquired by American automaker General ...
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