Gm
8 Pages 2039 Words
lled eGM to bring together all of the company’s electronic commerce and Internet marketing initiatives as well as OnStar in a single global organization. The purpose of the eGM is to accelerate and leverage all Internet related and wireless communications related talents, capabilities, and learning’s around the world.
Ø 1908 Under William Carpo (Billy) Durant, General Motors Company is organized on September 16.
o Buick Motor Company was also incorporated.
o Oldsmobile becomes the second company to join General Motors
Ø 1909 GM purchases Cadillac for $5.5 million on July 29, 1909.
Ø 1918 United Motors Corporation (UMC) becomes part of General Motors Corporation
Ø 1920 GM Export’s first Far Eastern branch office opens in Manila (which moved to Shanghai in 1922)
Ø 1923 GM’s first European assembly plant is established in Copenhagen under the name General Motors International A/S
Ø 1925 GM opens a manufacturing facility in Buenos Aires, Argentina.
o 1978 the vehicle manufacturing operations are discontinued and GM Argentina S.A. is liquidated.
Ø 1928 GM India establishes the first automobile assembly plant in India
Ø 1929 GM China is established with headquarters in Shanghai, China.
Ø 1935 GM de Mexico is established & GM Suisse SA is established in Bienne (Berne), Switzerland
Ø 1938 General Motors Overseas Operations (GMOO) is established, encompassing all vehicles manufacturing and marketing outside the U.S. and Canada.
o Sales exceed 350,000 vehicles outside of the U.S. and Canada
Ø 1940 GM celebrates production of its 25th millionth car
Ø 1942 GM converts 100% of its production to the war effort.
Ø 1948 During WW II, GM delivers more than $ 12,300,000,000 worth of war material to lead the Allied war effort, including airplane engines, airplanes and parts, trucks, tanks, marine diesels, guns, shells, and miscellaneous products.
Ø 1954 GM celebrates production of its 50th millionth U...