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The history of General Motors (GM), one of the world's largest car and truck manufacturers, dates to more than a century and involves a vast scope of industrial activity around the world, mostly focused on motorized transportation and the engineering and manufacturing that make it possible. Wikipedia
American multinational corporation headquartered in Detroit that designs, manufactures, markets, and distributes vehicles and vehicle parts, and sells financial services, with global headquarters in Detroit's Renaissance Center. Founded by William C. Durant on September 16, 1908, as a holding company, and the present entity was established in 2009 after its restructuring. Wikipedia
The company left to settle past liability claims from Chapter 11 reorganization of American car manufacturer General Motors. It exited bankruptcy on March 31, 2011, only to be carved into four trusts; the first to settle the claims of unsecured creditors (otc pink: MTLQU), the second to handle environmental response for MLC's remaining assets, a third to handle present and future asbestos-related claims, and a fourth for litigation claims. Wikipedia
Implemented through Chapter 11, Title 11, United States Code in the United States bankruptcy court for the Southern District of New York. The United States government-endorsed sale enabled the NGMCO Inc. ("New GM") to purchase the continuing operational assets of the old GM. Wikipedia
The American-based international automotive conglomerate General Motors (GM) underpins its many vehicle models with various platforms. These platforms are established sets of axles, suspensions, and steering mechanisms which fit various bodies and powertrains from various marques that GM owns. Wikipedia
Sentences forHistory of General Motors
- In contrast to the comprehensive line of brands from General Motors (seven) and Chrysler Corporation (four), in 1935, Ford offered only its namesake brand and the cars of Lincoln Motor Company.
- During the company's involvement in wartime production between 1940 and 1945 many of the individual divisions acquired military aircraft to aid in production and efficiency at plants widely dispersed across North America.
- In 1909 William C. Durant gained control of Rapid Motor Vehicle Company and made it a subsidiary of his General Motors Company.
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