General Motors Gm Company History - 3031 Words

v.s. By Parker Howard and Jared Sorenson GM Company History General Motors (?GM? or ?the company?) has a rich history longer than a century starting with its corporate organization in 1908. Following its organization, GM acquired its first brand, Old Motor Works, which was followed in 1909 by the purchase of Cadillac for $5.5 million. Two years later, GM organized both General Motors Truck to handle sales of GM?s Rapid and Reliance products and General Motors Export Company to handle export sales out of the US. In 1918, GM purchased Chevrolet Motors. In 1926, GM entered Australia, New Zealand, Japan, Egypt, Uruguay and Argentina through the General Motors Export Company. General Motors Truck became the modern GMC in 1943 when GM acquired the assets of Yellow Truck Coach. In 1945, GM finally established all of its historical core brands (Buick, Chevrolet, Cadillac, GMC, Oldsmobile, and Pontiac) when the Buick-Oldsmobile-Pontiac Assembly Division, which would be renamed the General Motors Assembly Division in 1965, was formed. In 1993, GM ent ered the New Generation of Vehicles partnership alongside Chrysler and Ford to promote the development of more fuel efficient vehicles. This was a major step for all three automakers as they were, and still are, the main three American rival automakers. The year 2003 saw GM bow out of the defense industry when it sold GM Defense to General Dynamics; this was indicative of a renewed focus on fuel efficiency, and in 2004, GMShow MoreRelatedEssay on General Motors Company922 Words   |  4 Pagesby General Motors Company, or better known as GM. GM is the 2nd largest car manufacture in the world (General Motors Company, 2011). They have provided millions, if not more, vehicles to the world. Thanks to GM, many of the popular vehicle brands that are available, they have produced. You can understand how vital GM has been to the automotive world when you find out that â€Å"it was the world’s largest car maker from 1931 to 2008, when it was surpassed by Toyota† (Costantini). The history of GM datesRead MoreEssay on General Motors1323 Words   |  6 PagesGeneral Motors was founded in September of 1908 by William Durant during a time that there were less than 8,000 in the United States. Durant was already known in Flint, Michigan for his horse drawn vehicles. â€Å"At its inception GM held only the Buick Motor Company, but in a matter of years would acquire more than 20 companies including Oldsmobile, Cadillac, and Oakland, today known as Pontiac.†(History Heritage-Creation,† 2014) General Motors set the tone in the automobile industry with designRead MoreGeneral Motors Strategic Plan Analysis Essay1212 Words   |  5 Pagespaper will discuss General Motor’s (GM) mission, vision, objectives, and goals, along with General Motors compared and contrasted by management styles with Toyota Corporation whom adopted total quality management (TQM). The paper will discuss characteristics of Toyota Corporation TQM with General Motors and t he extent to which Toyota Corporation TQM practices can integrate into General Motors management practices. In 1968, General Motors became the first automotive company to establish a formalRead MoreGm Financial Report Analysis Essay1265 Words   |  6 PagesIntroduction General Motors Corp. (NYSE: GM), the worlds largest automaker, has been the global industry sales leader for 76 years. General Motors was founded 1908, in Flint, Michigan and currently employs approximately 284,000 people around the world. GMs global headquarters is the Renaissance Center located in Detroit, Michigan, USA, They currently manufacture their cars and trucks in 35 different countries. Its European headquarters are based in Zurich, Switzerland, and its Holden headquartersRead MoreGm Financial Report Analysis Essay1481 Words   |  6 PagesIntroduction General Motors Corp. (NYSE: GM), the worlds largest automaker, has been the global industry sales leader for 76 years. General Motors was founded 1908, in Flint, Michigan and currently employs approximately 284,000 people around the world. GMs global headquarters is the Renaissance Center located in Detroit, Michigan, USA, They currently manufacture their cars and trucks in 35 different countries. Its European headquarters are based in Zurich, Switzerland, and its Holden headquartersRead MoreStrategic Plan Analysis1277 Words   |  6 Pagespaper will discuss General Motor’s (GM) mission, vision, objectives, and goals, along with General Motors compared and contrasted by management styles with Toyota Corporation whom adopted total quality management (TQM). The paper will discuss characteristics of Toyota Corporation TQM with General Motors and the extent to which Toyota Corporation TQM practices can integrate into General Motors management practices. In 1968, General Motors became the first automotive company to establish a formalRead MoreGeneral Motors Company : The Automotive Industry1103 Words   |  5 PagesGeneral Motors Company Billy Durant was a young man who worked as an itinerant salesman while managing bowling alleys. While working as a salesman and managing bowling alleys Durant, founded an organization that became the United States largest industrial company nationwide. In 1886, Durant launched a manufacturing horse-drawn carriage business and over the next several years he invested lots of his own money in notable manufacturers such a Buick Motor Company. By 1908, Durant created GeneralRead MoreThe General Motor Corporation And Alfred Sloan1406 Words   |  6 PagesThe General Motor Corporation and Alfred Sloan Khanh Do Phuong Phan Operation Management Fall 2015 Writing Paper Introduction There are few of important personalities who have made tremendous contribution to the process of industrialization of America. These industrialists help the economy of the country improving and developing. One of such famous inventor who has significant contribution to the operational management of the auto industry back in the old time was Alfred Sloan Jr. Sloan was knownRead MoreBackground Information : Chevy Volt Essay726 Words   |  3 PagesProduct and History of the Firm General Motors Chevrolet Volt is the world’s second production series hybrid-electric vehicle. It has both an electric traction motor and a gasoline engine. Its best feature is that once its 16 kilowatt-hour battery pack is drained, the 1.4 liter 4 cylinder engine switches on. When this happens it does not drive the wheels mechanically like other hybrids, instead it turns a 55 kilowatt generator that provides current to the 111 kilowatt electric motor and powersRead MoreGeneral Motors, Gm, And Its Effect On The Heart Of Detroit, Michigan Essay1708 Words   |  7 Pageswas the year William C. Durant founded the General Motors Company in the heart of Detroit, Michigan. Throughout the ups and downs of General Motors, they still prove to be one of the leading companies in automotive production. From the founding of GM in 1908 till present day; General Motors has made strong investments, and joint ventures regarding their company s’ success. Much of GM’s early inves tments were to acquire the assistance of other companies, whether it be producing steering wheels at