Intro: General Motors is the world's largest vehicle manufacturer, designs, builds and markets cars and trucks worldwide.
GM also operates one of the world's largest financial services companies, GMAC, which offers automotive, mortgage and business financing and insurance services to customers worldwide.
Founded in 1908, GM today has manufacturing operations in more than 30 countries and its vehicles are sold in about 200 countries.
GM's major subsidiaries are Hughes Electronics Corp., GM Locomotive Group and Allison Transmission Division.
As part of its global growth strategy, the GM Group includes major alliances with Isuzu Motors Ltd. and Suzuki Motor Corp. The company also owns Daewoo in South Korea and the products of this company are being sold under the Chevrolet brand name world-wide.
GM faces massive problems on the North American market, but their Daewoo-sourced Chevrolet models enjoy popularity worldwide. |
