News From the Auto Industry

May 6, 2007

GM: A Family of Brands

Filed under: New Car Models — Administrator @ 4:02 am

This spokesperson continued by stating, “We are talking to them and are making good progress in the talks.” He even stressed that General Motors would be creating Chevrolet vehicles in Poland which would be new entrants to various levels in Europe.

General Motors was actually named one of the 100 Best Companies for Working Mothers in 2004 by the Working Mothers magazine. However, due to its highly compensated workforce, GM has the highest health care and labor costs in the whole automotive industry. Some analysts had criticized the company for this very reason.

Primarily, this would be a good move for General Motors. After all, they are spending much on the transportation of their Chevrolet vehicles. At present, all Chevrolet vehicles that are for the European market are still being imported from South Korea. With production held in Poland, everything would be much easier for the car manufacturer.

Founded in 1908, General Motors was then a holding company for Buick, which was then controlled by William C. Durant, and later on that same year had acquired Oldsmobile. Come the following year, General Motors had then expanded when Durant had bought Cadillac, Elmore, and Oakland and brought them into his company. Come 1909, General Motors was then able to acquire the Rapid Motor Vehicle Company, which is the predecessor of the GMC truck. Through the years, General Motors was then able to take up under its wing different companies that would then come together to form up a whole new company of automobiles that come in different types and models. The first American corporation to make over one billion dollars in just a year was General Motors. This happened on December 31, 1955.

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