Automobile Makes and Models General Motors. According to Wikipedia: General Motors Corporation, also known as GM, has been the world's largest automaker since 1931, although it is projected that Toyota Motor Corporation will surpass it...
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Automobile Makes and Models General Motors. According to Wikipedia: General Motors Corporation, also known as GM, has been the world's largest automaker since 1931, although it is projected that Toyota Motor Corporation will surpass it in 2007. Founded in 1908, GM today employs about 326,999 people around the world. With global headquarters at the Renaissance Center in Detroit, Michigan, USA, GM manufactures its cars and trucks in 33 countries. In 2005, 9.17 million GM cars and trucks were sold globally under the following brands: Buick, Cadillac, Chevrolet, GMC, Daewoo (now sold under the Chevrolet and Suzuki brands in the United States, Europe and in some other countries), Holden, Hummer, Oldsmobile (now defunct), Opel, Pontiac, Saab, Saturn, Vauxhall. GM operates a finance company, GMAC Financial Services, which offers automotive, residential and commercial financing and insurance. GM's OnStar subsidiary is a vehicle safety, security and information service provider.
General Motors Co. on Thursday named Brian K. Sweeney, a 20-year company veteran, to head its Buick and GMC brands. Sweeney replaces Michael Richards, who abruptly left the company on Dec. 10 after just eight days on the job. Sweeney, 42, is the latest in a string of appointments at the automaker, which has been undergoing a management shake-up under Chairman and CEO Edward Whitacre Jr. Last week, the automaker appointed James Campbell to head its Chevrolet brand, its largest and most... Read Full Story
The 2010 Buick Lacrosse reaches out to a new buyers with its sophisticated styling, strong performance and sportier ride. Contributor: Eric Loveday Published: Dec 17, 2009 Read Full Story
DETROIT (Reuters) - The head of GM's <GM.UL> Buick and GMC brands has resigned after only nine days on the job in a continuing shakeup of the automaker's top ranks under Chairman and Chief Executive Ed Whitacre. Michael Richards, 52, was named general manager of Buick GMC on December 1, the same day Whitacre made the surprise announcement that CEO Fritz Henderson had resigned. Richards was the first top executive hired from outside the company after GM's bankruptcy earlier this year... Read Full Story
DETROIT (Reuters) - General Motors Co <GM.UL> has replaced the head of its mass-market Chevrolet brand as the management shake-up continues at the top U.S. automaker. Brent Dewar, a 31-year GM veteran, will retire in April 2010 and serve out the remainder of his career as an adviser to the newly appointed head of North American operations, Mark Reuss. Dewar, who had introduced fuel-efficient GM models at last week's Los Angeles auto show, will be replaced immediately as head of Chevrolet by... Read Full Story
General Motors Co. is getting close to hiring a new chief financial officer, its CEO said Tuesday. The automaker has a good candidate and should have news in two or three weeks, Board Chairman and CEO Ed Whitacre Jr. said in a Web chat with reporters. It was the first time that a GM official has acknowledged plans to replace CFO Ray Young, the second top executive to be ousted by Whitacre and the new board. CEO Fritz Henderson resigned abruptly on Dec. 1, and Whitacre is serving as interim... Read Full Story
General Motors Co. CEO Frederick "Fritz" Henderson stepped down Tuesday after the board said that the company wasn't changing quickly enough. The following is a history of Henderson's career and key events during his time as CEO. Born Nov. 29, 1958. 1980 — Graduates from University of Michigan with emphasis in accounting and finance. 1984 — Receives Masters in Business Administration from Harvard Business School. Joins General Motors as senior analyst in treasurer's office in New York. 1992... Read Full Story
General Motors unveiled a new management shakeup Friday that gives one of the company's pillars, Bob Lutz, a new role in the government-backed automaker and confirms a new head for GM Europe. Ed Whitacre, the GM chairman who also assumed the title of executive this week, said that Lutz would remain vice chairman and will act as advisor on design and global product development. The key leadership changes were being taken "to improve accountability and responsibility for market performance... Read Full Story
General Motors will launch its hotly anticipated Chevrolet Volt electric car in California next year, the company announced Wednesday. The US carmaker announced the decision as the Los Angeles Auto Show got underway, one day after the surprise departure of the auto giant's chief executive Fritz Henderson. GM vice-chairman Bob Lutz said the Volt, which can be charged by a conventional electrical power outlet and can run for up to 40 miles (64 kilometers) without fuel, would be released in... Read Full Story
DETROIT (Reuters) - General Motors Co <GM.UL> posted a 2.2 percent drop in U.S. sales in November from a year earlier, weighed down by brands it plans to divest or close, and said it would raise production in North America by about 75 percent in the first quarter. Sales totaled 151,427 vehicles in November, down from 154,877 a year earlier, GM said. Sales in the Chevrolet, Cadillac, GMC and Buick brands that GM is retaining rose 5.6 percent to 139,672, while sales in its other brands fell 47... Read Full Story
The Chinese automaker that had joined with Koenigsegg Automotive AB in bidding to buy Saab said Wednesday it regrets the Swedish luxury sports car maker's decision to drop the deal and will reconsider its own stance. Beijing Automotive Industry Holdings had agreed to take a minority stake in Saab as part of the financing arrangements for the bid by a consortium led by Koenigsegg to buy the Swedish car unit of General Motors Co. In a statement, Beijing Autos said the deal's collapse was... Read Full Story
