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May 30, 2015 6:01 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: 52
Total Annual Compensation: $1.6M
President and Member of Proxy Committee
Age: 42
Total Annual Compensation: $990.5K
Chief Financial Officer, Executive Vice President and Member of Proxy Committee
Age: 54
Total Annual Compensation: $691.7K
Executive Vice President, President of Europe and Chairman of the Management Board of Opel Group GmbH
Age: 53
Total Annual Compensation: $822.1K
Executive Vice President of Global Product Development, Purchasing & Supply Chain
Age: 50
Total Annual Compensation: $846.2K
Compensation as of Fiscal Year 2014.

General Motors Company Key Developments

General Motors to Invest USD 175 Million in Production of Next-Generation Chevrolet Camaro

General Motors announced that it is investing USD 175 million at its Lansing Grand River Assembly plant in Michigan (United States) for the production of the next-generation Chevrolet Camaro. The investment will be made in building three new paint systems for Camaro-specific colours, installing two robotic framers, and adding a second shift employing 500 workers starting this summer.

Fiat Chairman Reportedly Says Consolidation Talks Proposed To More Than GM

An email sent by Sergio Marchionne, Chief Executive Officer of Fiat Chrysler Automobiles N.V. (BIT:FCA) to General Motors Company (NYSE:GM) about a possible merger was not the only such conversation it has had with industry players, John Elkann, Chairman of Fiat, said. The New York Times reported on Saturday that Marchionne had emailed GM Chief Executive Mary Barra in March suggesting that the two companies combine, but was rebuffed.

General Motors Company Invests USD 439 Million in Corvette Plant in Bowling Green, Kentucky, United States, to Build New Paint Shop

General Motors (GM) is investing USD 439 million in the Chevrolet Corvette plant in Bowling Green, Kentucky, United States, to build a new paint shop. GM said that the investment would help retain 150 jobs. The 450,000-square-feet paint shop is almost half the size of the entire production facility. Construction of the new paint shop is set to begin this summer and will take about two years to complete, and the project will include substantial technology upgrades. Production of the Corvette will be unaffected by the construction work. The new paint shop will have new tooling and robots, as well as dry scrubber brush technology with limestone technology; LED lighting for process decks; FANUC robots with Versa-bell 3 electrostatic applicators; and longer, high-efficiency baking ovens. Separately, the US National Highway Traffic Safety Administration (NHTSA) has extended a consent order from one year ago for at least another year.

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