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History Of General Motors
The history of General Motors (GM), one of the world's largest automotive industry, 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 (automobile), GMC, Baojun, and SAIC-GM-Wuling Automobile, Wuling. Former GM automotive brands include LaSalle (automobile), LaSalle, McLaughlin Motor Car Company, McLaughlin, Oakland (automobile), Oakland, Oldsmobile, Opel, Pontiac (automobile), Pontiac, Hummer, Saab ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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), ''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 * S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oldsmobile
Oldsmobile (formally the Oldsmobile Division of General Motors) was a brand of American automobiles, produced for most of its existence by General Motors. Originally established as "Olds Motor Vehicle Company" by Ransom E. Olds in 1897, it produced over 35 million vehicles, including at least 14 million built at its Lansing, Michigan, factory alone. During its time as a division of General Motors, Oldsmobile slotted into the middle of GM's five passenger car divisions (above Chevrolet and Pontiac (automobile), Pontiac, but below Buick and Cadillac). It was also noted for several groundbreaking technologies and designs. Oldsmobile's sales peaked at over one million annually from 1983 to 1986, but by the 1990s the division faced growing competition from premium import brands, and sales steadily declined. When it shut down in 2004, Oldsmobile was the oldest surviving American automobile brand, and one of the oldest in the world. History Early history Oldsmobiles were first manufac ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Diesel Engine
The diesel engine, named after the German engineer Rudolf Diesel, is an internal combustion engine in which Combustion, ignition of diesel fuel is caused by the elevated temperature of the air in the cylinder due to Mechanics, mechanical Compression (physics), compression; thus, the diesel engine is called a 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). Introduction Diesel engines work by compressing only air, or air combined with 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 air temperature inside the Cylinder (engine), cylinder so that atomised diesel fuel injected into the combustion chamber ignites. The torque a dies ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Electro-Motive Diesel
Electro-Motive Diesel (abbreviated EMD) is a brand of diesel-electric locomotives, locomotive products and diesel engines for the rail industry. Formerly a division of General Motors, EMD has been owned by Progress Rail since 2010. Electro-Motive Diesel traces its roots to the Electro-Motive Engineering Corporation, founded in 1922 and purchased by General Motors in 1930. After purchase by GM, the company was known as GM's Electro-Motive Division. In 2005, GM sold EMD to Greenbriar Equity Group and Berkshire Partners, and in 2010, EMD was sold to Progress Rail, a subsidiary of the heavy equipment manufacturer Caterpillar Inc., Caterpillar. Upon the 2005 sale, the company was renamed to Electro-Motive Diesel. EMD's headquarters and engineering facilities are based in McCook, Illinois, while its final locomotive assembly line is located in Muncie, Indiana. EMD also operates a traction motor maintenance, rebuild, and overhaul facility in San Luis Potosí City, San Luis Potosí, Mexico ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Terex
Terex Corporation is an American company and worldwide manufacturer of materials processing machinery, waste and recycling equipment, mobile elevating work platforms, and equipment for the electric utility industry. Terex does business in the Americas, Europe, Australia and Asia Pacific. Corporate history The origins of Terex date to 1933, when the Euclid Company was founded by George A. Armington to build hauling dump trucks. In 1953, General Motors purchased Euclid, expanding the business to include more than half of all U.S. off-highway dump truck sales. Due to a 1968 Justice Department ruling, GM was required to stop manufacturing and selling off-highway trucks in the United States for four years and divest the Euclid brand. 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. General Motors sold the Terex division to German firm IBH Holding AG led by Horst-D ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Euclid Trucks
The Euclid Trucks was a manufacturer which specialized in heavy equipment for earthworks (engineering), earthmoving, particularly dump trucks, loader (equipment), loaders and wheel tractor-scrapers. Known for its distinctive bright green paint scheme, it operated in the United States from the 1920s to the 1950s, when it was purchased by General Motors. The firm was later bought by Hitachi Construction Machinery. History Founding The Euclid Company of Euclid, Ohio, made specifically designed off-road heavy haulers, compared with 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 five sons, had become a large, respected and profitable operation by the early 1920s. It introduced the Euclid Automatic Rotary Scraper in 1924, soon followed by the Euclid Wheeler (wheeled) scraper. Those earthmoving products were conceived by George's eldest son, Arthur, who steered the company ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Holden
Holden, formerly known as General Motors-Holden, was an Australian subsidiary company of General Motors. Founded in Adelaide, it was an automobile manufacturer, importer, and exporter that sold cars under its own marque in Australia. 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, having switched to solely importing vehicles in its final three years. 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 Nissan, Suzuki, Toyota, Isuzu, and then GM subsidiaries Opel, Vauxhall and Chevrolet. The vehicle lineup had included models from GM Korea, GM Thailand, and GM North America. Holden had also distributed GM's German Opel marque in Australia briefly from 2012 to 2013. Holden ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Daewoo Motors
Daewoo Motors ( ) was a South Korean Automotive industry, automotive company established in 1937 as "National Motors". The company changed its name several times until 1982 when it became "Daewoo Motors" following its acquisition by the Daewoo, Daewoo Group. After running into financial difficulties,Daewoo Motor plunges into bankruptcy on ''The Guardian'', 8 Nov 2000 it sold most of its assets in 2002 to General Motors at $1.2 billion, becoming a subsidiary of the American company. In 2011, the name "Daewoo" was definitively removed with the company being renamed GM Korea and the Daewoo brand replaced by the Chevrolet marque.I ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vauxhall Motors
Vauxhall Motors Limited , ;Company 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 Automotive industry, car company headquartered in Chalton, Bedfordshire, Chalton, Bedfordshire, England. Vauxhall became a subsidiary of PSA Group in 2017, and later, its successor Stellantis in January 2021, having previously been owned by General Motors since 1925. Vauxhall is one of the oldest established vehicle manufacturers and distribution companies in the United Kingdom. It sells passenger cars, and electric and light commercial vehicles under the Vauxhall marque nationally, and used to sell vans, buses, and trucks under the Bedford Vehicles, Bedford 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 t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Saturn Corporation
The Saturn Corporation, also known as Saturn LLC, was an American automobile manufacturer, a registered trademark established on January 7, 1985, as a subsidiary of General Motors. The company was an attempt by GM to compete directly with Automotive industry in Japan, Japanese imports and transplants, initially in the American compact car market. The company was known for its 'no-haggle' sales technique. Saturn marketed itself as a "different kind of car company" and operated quasi-independently from its parent company,—comprehensively introducing a new car, dealer network, pricing structure, workforce and independently managed manufacturing plant in Spring Hill, Tennessee. The first cars themselves launched five years after the company's inception, and they advanced GM's spaceframe construction—manifesting Saturn's market proposition with their dent-resistant polymer exterior panels. Over time, as Saturn drained resources from GM's extensive brand network, the brand would be ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Saab Automobile
Saab Automobile AB () was a automotive industry, car manufacturer that was founded in Sweden in 1945 when its parent company, Saab AB, began a project to design a small automobile. The first production model, the Saab 92, was launched in 1949. In 1968, the parent company merged with Scania-Vabis, and ten years later the Saab 900 was launched, in time becoming Saab's best-selling model. In the mid-1980s, the new Saab 9000 model also appeared. In 1989, the automobile division of Saab-Scania was restructured into an independent company, Saab Automobile AB. The American manufacturer General Motors (GM) took 50 percent ownership. Two well-known models to come out of this period were the Saab 9-3 and the Saab 9-5. Then, in 2000, GM exercised its option to acquire the remaining 50 percent. In 2010, GM sold Saab Automobile AB to the Dutch automobile manufacturer Spyker Cars N.V. After many years establishing a sound engineering reputation and ultimately a luxury car, luxury price tag, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
