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  • The General Motors Company, also known as GM, is a United States-based automaker with its headquarters in Detroit, Michigan. The company manufactures cars and trucks in 34 countries, recently employed 244,500 people around the world, and sells and services vehicles in some 140 countries. By sales, GM ranked as the largest U.S. automaker and the world's second-largest for 2008, having the third-highest 2008 global revenues among automakers on the Fortune Global 500. On June 1, 2009, the company filed for a Chapter 11 reorganization, which was completed on July 10 of the same year, and it was thereafter reorganized once a new entity acquired the most valuable assets. GM is now temporarily majority owned by the United States Treasury and, to a smaller extent, the Canada Development Investment Corporation and the government of Ontario, with the U.S. government investing a total of US$57.6 billion under the Troubled Asset Relief Program. The company plans to focus its business on its four...
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  • General Motors
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