5 - General Motors

General Motors Corporation, also known as GM, is the largest car company in the world.Founded in 1908, GM today has 326,999 employees worldwide.With headquarters in Detroit (Michigan), USA, GM manufactures its cars and trucks in 33 countries.In 2005 GM sold 9.17 million cars globally and trucks under the following brands: Buick, Cadillac, Chevrolet, GMC, GM Daewoo (now disbanded, but replaced by Chevrolet in Europe and some other countries), Holden, Hummer, Oldsmobile (now disbanded), Opel, Pontiac, Saab, Saturn Corporation, Vauxhall Motors.GM operates a finance company, GMAC Financial Services, which provides financing and insurance for automobiles, residential and commercial. The subsidiary of GM, OnStar, is a provider of information services and vehicle safety.GM is the majority shareholder in GM Daewoo Auto & Technology Co. of South Korea, and has contributions from purchases of products and drivetrains with Suzuki Motor Corp. and Isuzu Motors Ltd. of Japan. GM also has advanced technology collaborations with Toyota Motor Corporation of Japan, DaimlerChrysler AG and BMW AG of Germany, and vehicle operations fabricacón with several automakers around the world, including Toyota, Suzuki, Shanghai Automotive Industry Corporation of China, AvtoVAZRussia and Renault SA of France.G. Richard Wagoner is president of GM.The General Motors 15% belongs to the "State Street Corp."General Motors owns 0.7% of "Brookfield Properties Corp," 5.55% "China Corn Oil," 66% of "Daewoo Group," 21% of "DirecTV", 42% of "GM Daewoo Auto & Technology ", 49% of" GMAC LLC ", 34% of" Liuzhou Wuling Motors, "100%" Saab Automobile AB ", 100% of" Saturn ", 2.7% of" Suzuki Motor Co. ", and 100% of" Vauxhall Motors. "
Revenue from General Motors: 207 349 000 dollars.General Motors Earnings: -1.978 million dollars (in this case GM has suffered losses in 2007 of the magnitude previously estimated, so the negative sign).
Revenue from General Motors: 207 349 000 dollars.General Motors Earnings: -1.978 million dollars (in this case GM has suffered losses in 2007 of the magnitude previously estimated, so the negative sign).
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