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General Motors : An American Multinational Corporation

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General Motors General Motors Company commonly known as GM, is an American multinational corporation headquartered in Detroit, Michigan, that designs, manufactures, markets and distributes vehicles and vehicle parts and sells financial services. It produces vehicles in 37 countries under thirteen brands: Alpheon, Chevrolet, Buick, GMC, Cadillac, Holden, HSV, Opel, Vauxhall, Wuling, Baojun, Jie Fang and UzDaewoo. General Motors employs more than 212,000 people from all over the world and does business in more than 120 countries. It also has numerous joint ventures like Wuling, GM-avtoVAZ and General Motors India. As part of its 2009 bankruptcy restructuring the current company, General Motors Company LLC, (new GM), was formed in 2009, after the bankruptcy of the General Motors Corporation (old GM). The company was formed on September 16, 1908, in Flint, Michigan, as a holding company for McLaughlin Car Company of Canada Limited and Buick, then controlled by William C. Durant. At the commencement of the 20th century there were less than 8,000 automobiles in America and Durant had become a leading manufacturer of horse-drawn vehicles in Flint before making his entry into the automotive industry. GM 's co-founder was Charles Stewart Mott, whose carriage company was merged into Buick prior to GM 's creation Durant reorganized General Motors into General Motors Corporation in 1916, merging Chevrolet with GM and merging General Motors of Canada Limited as an ally in 1918. General

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