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General Motors

General Motors

General Motors is an automotive manufacturing corporation based in Detroit, Michigan, United States

General Motors is a multinational automotive manufacturing corporation that markets, distributes, and provides vehicles. The company was founded in 1908, in Detroit, Michigan, United States.

The company engages in the manufacturing of cars and trucks for the United States, China, Brazil, Germany, the United Kingdom, Canada, and Italy. Their catalogue offers sedans, crossovers, SUVs, sports cars, trucks, hybrid vehicles, and other types of automobiles.

COVID-19

With the outbreak of COVID-19 (coronavirus), President Donald Trump has signed a presidential directive that orders General Motors to begin and prioritize ventilator and mask production to support the needs of coronavirus patients. They look to manufacture approximately 10,000 critical care ventilators per month. GM has partnered with Ventec Life Systems to assist in the manufacturing of the units. They will also be able to manufacture up to 50,000 Level 1 surgical masks per day, and look to increase the numbers to 100,000 per day.

The order from the United States President did not come with a federal contract which makes selling to the states much more difficult for the automaker.

Timeline

April 28, 2021
General Motors introduces Ultium Charge 360, a holistic charging approach that integrates charging networks, GM vehicle mobile apps1, and other products and services to simplify the overall charging experience for GM electric vehicle owners.
March 11, 2021
General Motors announces a new joint venture with SolidEnergy Systems.
January 28, 2021
GM pledges to be carbon neutral by 2040 with zero tailpipe emission vehicles by 2035
March 24, 2020
GM announces a partnership with medical device company Ventec.
2020
General Motors suspends 2020 outlook, to draw down $16 billion in credit
December 5, 2019
General Motors and South Korea’s LG Chem announces they will invest $2.3 billion to build an electric vehicle battery cell joint venture plant in Ohio, creating one of the world’s largest battery facilities.
March 19, 2019
General Motors announces it would invest 10 billion reais ($2.65 billion) in two of its Brazilian plants located in the state of Sao Paulo.
March 11, 2016
General Motors acquires Cruise Automation, a San Francisco-based startup making sensors that turn regular vehicles into ones that can drive themselves.
January 2016
GM invests $500 million in Lyft.
1907
General Motors was founded by Charles Stewart Mott and William C. Durant.

Acquisitions

Patents

Further Resources

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Author
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Check out General Motors's stock price (GM) in real time

Web

November 10, 2022

General Motors

chcom

Web

July 8, 2013

General Motors | Business | The Guardian

Web

October 2022

General Motors | GM Stock Price, Company Overview & News

Web

General Motors | History, Deals, & Facts

Web

News

Title
Author
Date
Publisher
Description
Kirsten Korosec
September 20, 2021
TechCrunch
The Station is a weekly newsletter dedicated to all things transportation. Sign up here -- just click The Station -- to receive it every weekend in your inbox. Hello readers: Welcome to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. The [...]
September 9, 2021
https://www.outlookindia.com/
The company is shutting two of its plants in Chennai and Sanand. The decision was primarily driven by difficult market conditions and the huge losses incurred by the company.
Aria Alamalhodaei
August 20, 2021
TechCrunch
General Motors is recalling even more Chevrolet Bolt electric vehicles due to possible battery cell defects that could increase the risk of fire. This latest recall, announced by the automaker on Friday, marks the third time GM has issued the consumer notice for the Bolt. The second recall, which was issued in July, covered 2017 [...]
Aria Alamalhodaei
August 19, 2021
TechCrunch
General Motors and AT&T will be rolling out 5G connectivity in select Chevy, Cadillac and GMC vehicles from model year 2024, in a boost that the two companies say will bring more reliable software updates, faster navigation and downloads, and better coverage on roadways. Executives said in a media briefing that the rollout of the [...]
August 11, 2021
WebWire
GM Ventures today announced its participation in the $40 million Series B funding round for RapidDeploy, a public safety technology company working to accelerate Next Generation 911. This investment will enable RapidDeploy to help improve the public safety community's situational awareness with a cloud-native, data-driven solution. The announcement underscores General Motors and OnStar's commitment to working with the public safety community to support and accelerate Next Generation 911 t...
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References

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