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August 01, 2015 8:24 PM ET

Automobiles

Company Overview of General Motors Company

Company Overview

General Motors Company designs, builds, and sells cars, crossovers, trucks, and automobile parts worldwide. It operates through GM North America, GM Europe, GM International Operations, GM South America, and GM Financial segments. The company markets its vehicles primarily under the Buick, Cadillac, Chevrolet, GMC, Opel, Holden, and Vauxhall brand names, as well as under the Alpheon, Baojun, Jiefang, and Wuling brand names. It also sells cars and trucks to dealers for consumer retail sales, as well as to fleet customers, including daily rental car companies, commercial fleet customers, leasing companies, and governments. In addition, the company offers connected safety, security and mobility...

300 Renaissance Center

Detroit, MI 48265

United States

Founded in 1897

216,000 Employees

Phone:

313-556-5000

Key Executives for General Motors Company

Chief Executive Officer, Director and Member of Proxy Committee
Age: 53
Total Annual Compensation: $1.6M
President and Member of Proxy Committee
Age: 43
Total Annual Compensation: $990.5K
Chief Financial Officer, Executive Vice President and Member of Proxy Committee
Age: 55
Total Annual Compensation: $691.7K
Executive Vice President, President of Europe and Chairman of the Management Board of Opel Group GmbH
Age: 54
Total Annual Compensation: $822.1K
Executive Vice President of Global Product Development, Purchasing & Supply Chain
Age: 51
Total Annual Compensation: $846.2K
Compensation as of Fiscal Year 2014.

General Motors Company Key Developments

General Motors Announces $1 Billion Investment and Manufacturing Consolidation in India

General Motors plans to introduce as many as 10 new models in India over the next five years. The company has outlined an aggressive investment plan for India as well as its intention to consolidate its production facilities in the country. The company planned to invest $1 billion in India by 2020. The investment will go towards launching several new models and boosting the production capacity of its Talegaon manufacturing plant in Maharashtra. The plant currently has a production capacity of 130,000 units per annum (upa) and GM plans to boost this to 220,000 upa by 2025. Under its investment plan, the automaker aims to roll out 10 new locally produced Chevrolet models in India over the next five years. These include the Trailblazer sport utility vehicle (SUV) and the Spin multi-purpose vehicle (MPV), which will be introduced in 2015 and 2017, respectively. Several spy images of the Chevrolet Trailblazer have emerged online, alluding to the imminent launch of the vehicles.

General Motors Plans to Launch Chevy Colorado and GMC Canyon in US

General Motors Corporation is planning to launch its Chevy Colorado and GMC Canyon in the United States this autumn. The models will be equipped with a new 2.8-litre four-cylinder turbodiesel engine that delivers 181bhp and 369lb-ft of torque. The diesel models are only offered in Crew Cab configurations. They have six-speed automatic fitted with a centrifugal pendulum vibration absorber, a trailering package with hitch and seven-pin connector, electronic locking rear differential and two-speed transfer case on four-wheel-drive models. The Chevy Colorado and GMC Canyon are priced at USD 31,700 and USD 33,200 respectively.

General Motor Announces Executive Changes

Jaime Ardila, General Motors executive vice president and president of South America, announced that he will retire after nearly three decades at the company. Barry Engle, currently chief executive officer of Agility Fuel Systems, will join GM in September and succeed Ardila. In his new role, Engle will be responsible for operations in Brazil, Argentina, Paraguay, Uruguay, Chile, Peru, Colombia, Ecuador and Venezuela. He will also become a member of the GM Executive Leadership Team, reporting to Ammann. Since 2011, Engle has been CEO of Agility Fuel Systems.

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