General Motors Net Worth is$40 B
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Company Type: Public

Traded As: GM, GMM.U

Foundation: September 16, 1908

Founder: William C. Durant

Location: Renaissance Center, United States

Locations: 156 facilities on six continents
Area Served: Worldwide

Key People: Daniel Akerson, Chairman and CEO

Industry: Automotive industry

Products: Automobiles, Financial Services

Revenue: {{increase US$ 150.28 billion (2011)
Operating Income: net income

Assets: equity

Num Employees: 202,000 (2012)
Divisions: Chevrolet, GMC (automobile)

Subsid: title

Joint-Ventures: SAIC-GM-Wuling Automobile, Jiefang (automobile)


General Motors Company (NYSE: GM, TSX: GMM.U), commonly known as GM (General Motors Corporation before 2009), is an American multinational automotive corporation headquartered in Detroit, Michigan, and the world's largest automaker, by vehicle unit sales, in 2011, employing 202,000 people and doing business in some 157 countries. General Motors produces cars and trucks in 31 countries, and sells and services these vehicles through the following four regional segments, which are GM North America (GMNA), GM Europe (GME), GM International Operations (GMIO), and GM South America (GMSA), through which development, production, marketing and sales are organised in their respective world regions, plus as fifth segment GM Financial.:p.12/13
General Motors (GM) automobile marques are Alpheon, Baojun, Buick, Cadillac, Chevrolet, GMC, Jiefang, Opel, Vauxhall, Holden, and Wuling.
GM acts in most countries outside the USA via direct subsidiaries, but in China through 10 joint ventures, among them Shanghai GM and SAIC-GM-Wuling Automobile:p.18. GM owns (per 31 December 2011) 77.0% of its joint venture in South Korea, GM Korea:p.96. GM's OnStar subsidiary provides vehicle safety, security and information services.
In 2009, the company shed several brands, closing Saturn and Pontiac, and emerged from a government backed Chapter 11 reorganization. In 2010, GM made an initial public offering that was one of the world's top 5 largest IPOs to date. GM returned to profitability in 2010.
Based on global sales, General Motors is currently the world's no. 1 automaker. Headquartered at the Renaissance Center in Detroit, GM employs approximately 202,000 people around the world. In 2009, General Motors sold 6.5 million cars and trucks globally; in 2010, it sold 8.4 million.
On July 23, 2009, GM announced its new Board of Directors: Dan Akerson, David Bonderman, Robert D. Krebs, Patricia F. Russo and Ed Whitacre (GM Chairman and Interim Chief Executive Officer). Board members who

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