GENERAL MOTORS Founded in 1908 As a Holding the Company
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GENERAL MOTORS Founded in 1908 as a holding the company. Under Alfred Sloan, 70 per cent). It has joint ventures in three brands - Pontiac, Saturn and company for two car makers, Buick GM Corporation expanded and only China with Shanghai-GM (GM has Hummer - and sold Saab. GM also (US) and McLaughlin Car Company slowed in the 1980s. It led global sales 50 per cent), FAW-GM (GM has 50 partners with other companies in (Canada) owned by businessman from 1931 to 2007. GM’s innovation per cent) and SAIC-GM-Wuling technology. It shares its fuel cell William C Durant. GM bought a made it the first with electric starter (GM has 44 per cent). Has joint and hybrid technology with Honda. string of car and truck companies (1911), turbocharger (1962), ventures in Russia (GM-AvtoVAZ It sold 7 per cent of PSA Peugeot but by 1910 the new-car sales fell automatic transmission (1939) and with GM at 50 per cent), Pakistan Citroen in 2013 to Dongfeng. It and company debt escalated, leading mass-production V8 (1914). GM (Ghandhara Industries), General previously held shares in Subaru to banks taking control of the now produces vehicles in 37 countries Motors Egypt, General Motors India, (1999-2006), Suzuki (1981-2008), company. Durant left and founded and has 13 brand names. It owns 82.9 GM-Uzbekistan (GM 25 per cent) Isuzu (1971-2006) and Fiat (2000- Chevrolet in 1911 and rebuilt his per cent of Daewoo Korea (SAIC and Isuzu Truck South Africa. As 2005). GM plans to import from GM shareholding to again take owns 9.9 per cent) and 20 per cent part of its restructure after financial China for the first time, bringing control in 1916. The car market of Tunisian carmaker IMM (Isuzu collapse in 2009, it borrowed money in the Buick Envision SUV from its collapsed in 1918 and Durant left 10 per cent, Tunisian company GMT from the government and closed joint-venture SAIC factory. ALLIANCES: NEXT PAGE GENERAL MOTORS GoAutoNews Premium GENERAL MOTORS ALLIANCES HONDA GM and Honda are collaborating to develop fuel-cell power plants and plan a factory to produce a fuel-cell unit to be shared with cars from both companies. Honda has produced the Clarity which forms the basis for future GM fuel-cell cars. They are also considering to share hybrid (Honda) and autonomous technology (GM) for future cars. OTHER ALLIANCES: DAEWOO, SAAB, HOLDEN GENERAL MOTORS GoAutoNews Premium.