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General Motors Corporation

Remarkable cars picture encyclopedia - General Motors Corporation


1997 GM EV-1 Electric Car
1997 GM EV-1 Electric Car


General Motors Corporation

General Motors Corporation has its roots in the start-up of the Buick Motor Car Company by David Dunbar Buick in 1903. A year later William C. Durant joined Buick. Ih 1907, Mr. Buick left the company due to differences with Mr. Durant. Durant used the profits from the Buick operation to begin the acquistions that led to the forming of one of the greatest manufacturing companies of all time with operations worldwide.

Divisions of GM

General Motors Corporation History

September, 1908 - General Motors Corporation is founded by Wlliam C. Durant. The new company purchases the Oakland car companies.

October, 1908 - General Motors Corporation purchases the Buick Motor Company.

November, 1908 - General Motors Corporation purchases the Olds Motor Company.

1909 - General Motors acquires the following companies:

1910 - Mr. Durant is ousted. General Motors Corporation purchases the Welch Motor Company.

1910 General Motors Corporation purchases the Ranier Motor Company.

1912 - Walter P. Chrysler is named head of General Motors.

1915 - William C. Durant acquires over 54% of the General Motors stock.

1918 - Chevrolet merges with General Motors Corporation. GM purchases the Scripps-Booth Company and the McLaughlin Car Company.

1924 General Motors Corporation purchases the Winton Motor Company. GM opens its first assembly plant outside of North America in Denmark.

1925 General Motors Corporation purchases the Yellow Cab Company and the Vauxhall Car Company.

1927 The LaSalle brand is launched and will be built until 1940.

1929 - Opel (Germany) is acquired by General Motors.

1930 - General Motors cars are give tilted windshields.

1931 - Holden (Australia) is acquired by General Motors.

1932 - The Oakland Division is renamed as the Pontiac Division.

1936 - The Fisher Body plant has a bitter sit-down strike.

1940 The LaSalle brand goes out of production.

1942 - The Olds Division is renamed as the Oldsmobile Division.

1971 General Motors Corporation purchases 38% of the shares of the Isuzu Company of Japan.

1981 General Motors Corporation purchases 3.3% of the shares of the Suzuki Company of Japan.

1990 General Motors Corporation purchases 50% of the shares of the Saab Company of Sweden.

1998 General Motors Corporation increases its shares of the Suzuki Company of Japan to 10%.

1999 General Motors Corporation increases its shares of the Isuzu Company of Japan to 49%. They also purchased 21.12% of the shares of Fuji Heavy Industries/Subaru.

2000 General Motors Corporation increases its shares of the Suzuki Company of Japan to 20%. General Motors Corporation increases its shares of the Saab Company of Sweden to 100%.

2002 General Motors Corporation purchases 42.1% of the shares of the Daewoo Company.

2003 General Motors Corporation reduces its shares of the Isuzu Company of Japan to 12%.

GM Production 2003

GM remained the largest vehicle manufacturer in the world for 2003 producing cars and trucks in 37 countries. Brands included Buick, Cadillac, GMC, Pontiac, Oldsmobile, Saturn, Opel, Vauxhall, Holden, Saab, Daewoo, and Shanghai GM Buick. A total of 8,914,737 passenger and utility vehicles were built.

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