History of General Motors

History Of General Motors

History of General Motors

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General Motors, also known as GM, is the world's second largest car manufacturer based on annual sales. Founded in 1908, in Flint, Michigan, GM employs approximately 266,000 people around the world. With global headquarters at the Renaissance Center in Detroit, Michigan, United States, GM manufactures its cars and trucks in 35 countries. In 2008, 8.35 million GM cars and trucks were sold globally under the brands Vauxhall, Daewoo, Buick, Cadillac, Chevrolet, GMC, Holden, Pontiac, Hummer, Saab, Wuling.Saturn and Opel.

1908–1932

General Motors was founded on Wednesday, September 16, 1908, in Flint, Michigan, as a holding company for Buick (then controlled by William C. Durant).

Durant's company, the Durant-Dort Carriage Company, had been in business in Flint since 1886, and by 1900, was producing over 100,000 carriages a year in factories located in Michigan and Canada. Prior to his acquisition of Buick, Durant had several Ford dealerships. With springs, axles and other key components being provided to the early automotive industry by Durant-Dort, it can be reasoned that GM actually began with the founding of Durant-Dort.Durant and R.S. McLaughlin in November 20,1907 started General Motors of Canada and went on to start General Motors holding Company,September 16,1908. McLaughlin was on the Board of Directors and Quit when Durant lost his Job in 1910,McLaughlin traded his...
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