You are on page 1of 2

COMPANY OVERVIEW

General Motors Company, also known as GM, is a United States based automaker with
headquarters in Detroit, Michigan. Revenue US$ 148.979 billion (2008)

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.

GENERAL MOTORS INDIA

General Motors India Private Ltd. (GM India) is a wholly-owned subsidiary of General
Motors Company that is engaged in the automobile business in India. The registered office of
GM India is in Halol, near Vadodara, Gujarat. The company operates vehicle assembly plants in
industrial parks in Halol and Talagaon, near Pune, Maharastra, maintains a headquarters
operation in Gurgaon, Haryana and a large technical center in Bangalore.

History

General Motors began doing business in India in 1928, assembling Chevrolet cars, trucks and
buses, but ceased its assembly operations in 1954. GM continued with tie-ups with Hindustan
Motor to build Bedford trucks, Vauxhall cars, Allison Transmissions and off-road equipment.

In 1994 General Motors India was formed as a joint venture, owned 50 percent by Hindustan
Motors and 50 percent by General Motors, to produce and sell Opel branded vehicles. GM
bought out the Hindustan Motors interest in 1999. GM India continued to produce Opel cars at
the Halol facility until 2003, when it started production of Chevrolet vehicles at that location.

In 2000, GM India moved its headquarters to Gurgaon. In 2003, the company opened its
technical center operations in Bangalore, which included research and development and vehicle
engineering activities. The technical center operations were expanded to include purchasing and
financial support services for General Motors operations located outside of India (2006), vehicle
engine and transmission design and engineering (2007) and a vehicle design studio (2007).

GM India began construction of a second vehicle assembly plant in Talagaon in 2006, which
began production of Chevrolet vehicles in September 2008.

Vehicle sales, service and marketing business

Like most other automotive companies in India, GM India appoints independently owned dealers
to sell, service and market vehicles that it produces. As of August 2008, managed the Chevrolet
dealership network (including export dealers located in Nepal, Bangladesh, Sri
Lanka and Bhutan) from its headquarters in Gurgaon, and regional zone offices
in Mumbai, Kolkata and Chennai.

GM India also sells parts and services to independent vehicle maintenance providers under
the AC Delco brand

Models

Chevrolet Aveo, Chevrolet Aveo U-VA,

Chevrolet Captiva, Chevrolet Forester (discontinued),Chevrolet Optra, Chevrolet Optra Magnum


Chevrolet Optra SRV, Chevrolet Spark, Chevrolet Tavera, Chevrolet Cruze

Opel

Opel Astra (discontinued)

Opel Corsa (discontinued)

Opel Corsa Sail (discontinued)

Opel Vectra (discontinued)

PRADUMN CHATURVEDI -IB

You might also like