What is General Motors history?
General Motors Corporation is the second largest car in the world, just after Toyota. It was founded in 1908 by William C. Durant, in Flint in Michigan, and was constantly an innovator in automotive technology. General Motors employs more than 250,000 people around the world, with total assets of around $ 149 billion in the US (USD).
William C. Durant was one of the first pioneers of cars. He was the son of Governor Michigan Henry H. Crap and at the age of 20. In 1904 he was asked to become CEO of Buick, a position in which he jumped throughout the heart. In 1908 he made his success as a manager of Buick to create a holding company dubbed by General Motors Company. The company then bought Oldsmobile, Cartercar, Ewing, Elmore, Cadillac and a company that would eventually be Pontiac.
thones the year Durant getAl company Reliance Motor Truck Company and Rapid Motor Vehicle Company, which would eventually be the basis for the General Motors truck. All this purchase led to a relatively large amount of debt, approximately $ 1 million USD, which was held against the durant of the bankers who financed the company. As a result, Durant was removed from the leadership in 1910 and continued to form Chevrolet Company. Using the sources he carried out through Chevrolet, the Durant of General Motors organized the Durant of General Motors and regenerated its position as the CEO and brought Chevroleta with him. In 1920, Durant was forever removed Pierre S. du Pont, which would remain largely under control until 1950.
In the 1920s, General Motors spread to the global market and stood up as a company that provided strength, prestige and possibilities. Unlike Ford, which focused on lower costs and lower prices, general engines fromThey measured for consumers who had money for Spend for products with multiple features. At the end of the 1920s and 1930s, General Motors helped create greyhound bus management, largely replaced the existing rail system and bought tram companies to replace them with buses in the city.
During World War II, General Motors produced a large number of armaments and military vehicles, both for allied and axes. Although at that time the company tried to distance itself from its German company Opel Company, after the war it turned out that in fact there was a joint effort to profile from German trucks, ground mines and torpedo detonators. VP The American branch of General Motors, Graeme K. Howard, even expressed his firmly pro-nacker views in his book, America and the new World Order .
After General Motors War continued to grow extremely and quickly became the largest corporation in the United States. This period of unrecognized prosperity, during KThe President of General Motors, Charles Erwin Wilson, was appointed Minister of Defense under Eisenhower, lasts until the end of the 50th year. During the 1960s, 1970s and 1980s, General Motors had a difficult time when many of its products were under attack on bad processing, especially Chevrolet Corvair, which Ralph Nader wrote his key book, at any speed .
80 and 90. At the end of the 90s. The years finally dreamed on the way to recovery, with increasing stocks and stabilizing sales. All of this changed after September 11, 2001, when the company began to light again. In the next few years, General Motors survived after suffering after suffering until the recession of 2008, when they seemed on the edge of bankruptcy, and eventually were rescued by the federal government and left their future uncertain.