Profile of General Motors Company - 1863 Words

Organization profile Introduction. General Motors is a company that designs and produces car and truck and car components, as well as Financial Services. General Motors Headquarter is in Detroit, Michigan. Currently GM employs 212,000 people. GM are engaged in the business to 157 countries around the world, and produces automobiles and trucks in 37 countries under such brands as Chevrolet, Buick, GMC, Cadillac, Isuzu, Jie Fang, Opel, Vauxhall and Wulug. General Motors produced 9.489.000 vehicles. Company Revenue for 2012 is 150.276 billion dollars. (Wikipedia, 2013) History. GM is divided into five business segments, GM North America, GM Europe, GM International Operations, GM South America and GM Financial. General Motors was founded on September 16 in 1908 in Flint, Michigan, by William C. Durant, Charles Steward Mot, and Frederic L. Smith. When an enterprising William Durant bought several small companies to produce cars combining them into one called General Motors Company. Within two years it was purchased by about twenty of these small firms, and in the process the company has evolved into a corporation. Among other was bought for example, Cadillac. All of these purchases can be as successful, if not a but. As a result of these transactions Durant has amassed an incredible amount of debt and in dire need of another loan. However, the position of creditors was clear: loans for retired Duran. Back in 1905, it has attracted the attention of famous racing driverShow MoreRelatedSwot of Gm1431 Words   |  6 PagesSWOT Analysis of General Motor s Darien Connor MG352 10/03/2010 General Motors can trace it’s begins to 1908 the world largest automaker employing over 200K people in 157 countries. GM and its strategic partners produce cars and trucks in 31 countries, and sell and service these vehicles through the following brands: Buick, Cadillac, Chevrolet, FAW, GMC, Daewoo, Holden, Jiefang, Opel, Vauxhall and Wuling. 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