General Motors
Manufacturing Company, Automotive Company, and Company
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India's Satyam fraud trial to begin soon...technology services group by revenues when the scandal broke. Its clients included some of the world's biggest companies such as Nestle, General Electric and General Motors. All suspects were placed in custody on charges of conspiracy,... In this article: India, Mahindra, Balance sheet, Revenue, Outsourcing, Central Bureau of Investigation, Tech Mahindra, and Hepatitis |
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Indiana Times - The Economic Times | November 15, 2009
LinkedIn sets up shop in India
...searches per week and has created more than 30,000 groups to date. Currently, the company has over 60 advertisers in India that include brands such as GM, Microsoft and Tanishq. Among its member community, almost half-a-million are from...
In this article: LinkedIn, India, MySpace, Wipro, European Founders Fund, Infosys, Cisco Systems, and GM
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CNN | 2 days ago
GM's Saab deal falls through
...going forward will only add to the expense and difficulty of that reorganization. GM might be able to find another buyer for Saab, Krebs said. Automakers in developing markets such as China and India have been buying western brands...
In this article: Saab, Saab, Opel, Cnnmoney.com, Volvo, Hummer, and Magna International
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Centre Daily Times | November 15, 2009
LinkedIn Appoints Hari V. Krishnan as Country Manager for India
...and has created more than 30,000 groups to date. Currently, the company has more than 60 advertisers in India which include brands such as General Motors, Microsoft, Reuters and Tanishq. LinkedIn is an internet platform company focused on...
In this article: LinkedIn, India, Cisco, Revenue, MySpace, Yahoo, and Microsoft
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Sydney Morning Herald - Business | November 18, 2009
Hyundai joins rush for Indian small cars
...partner Nissan announced plans to release a low-cost vehicle in 2012 with Indian partner Bajaj Auto aimed at challenging the Nano. General Motors, Toyota and Ford are also all planning small cars for India in the next couple of years.
In this article: Hyundai, Hyundai Motor Co, India, I20, Bajaj Auto, Tata Motors, Toyota, Nissan, and Renault
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Detroit News | November 16, 2009
GM loses $1.2B in 3Q
...at the automaker's finances since emerging from bankruptcy with about $50 billion in federal aid. Before special items, GM lost $261 million. The automaker posted revenue of $28 billion in the third-quarter, up about $4.9 billion compared to...
In this article: GM, Bankruptcy, Revenue, Escrow, Operating cash flow, Balance sheet, European Union, and Ben Gordon
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thestar.com | 5 days ago
GM on fast track to recovery
...market in the next few years, eclipsing Germany. In the so-called BRIC nations - Brazil, Russia, India and China - GM has powered itself to a 13 per cent market share. Its volume and revenues are climbing in what collectively will...
In this article: GM, Opel, Buick, Buick LaCrosse, North America, BMW, and Apple
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Description from Wikipedia:
General Motors Company, also known as GM, is a United States based automaker with headquarters in Detroit, Michigan.
GM was the world's 18th largest corporate entity and third largest automaker as ranked by 2008 revenues on the Fortune Global 500. Ranked by global unit sales for 2008, it was the world's second largest automaker. GM manufactures cars and trucks in 34 countries, recently employed 244,500 people around the world, and sells and services vehicles in some 140 countries.
On June 1, 2009 General Motors filed for Chapter 11 bankruptcy proceedings from which it emerged on July 10, 2009 in a reorganization in which a new entity acquired the most valuable assets. GM is now majority owned by the United States Treasury and Canadian governments, with the US government investing a total of $57.6 billion under the Troubled Asset Relief Program.
While no GM shares are currently available to the public, the company plans an initial public stock offering (IPO) in 2010.
GM plans to focus its business on its four core US brands — Chevrolet, Cadillac, Buick, and GMC. In Europe, following a period of negotiation to sell a majority stake in its Opel and Vauxhall brands, GM decided to retain full ownership of these operations.
- Name:
- General Motors Company
- Type:
- Limited liability company
- Location:
- Renaissance Center
- Region:
- Worldwide
- Founded:
- Flint, Michigan (1908)
- Owned by:
-
- The Crown in Right of Canada (7.9%)
- VEBA (17.5%)
- United States Department of the Treasury (61%)
- United Auto Workers
- The Crown in Right of Ontario (3.8%)
- Bond holders of Motors Liquidation Company (9.8%)
- Industry:
- Automotive
- Key People:
- Products:
- Automobiles
- Revenue:
- US$ 148.979 billion
- Operating Income:
- US$ US$ 21.284 billion
- Net Income:
- US$ −30.9 billion
- Assets:
- US$ 91.047 billion
- Equity:
- US$ −86.154 billion
- No. of Employees:
- 244,500
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