General Motors Co builds, markets and designs cars, crossovers, trucks, and automobile parts. In addition, it also provides various vehicle protection accessories, parts, maintenance, automotive financing services and satellite radio.
Its common stocks are traded on the New York Stock Exchange under the ‘GM’ symbol.
The Michigan-based firm was incorporated in 2009 in Delaware. Its aims to achieve the global target of carbon neutral company by 2040.
Through its Ultium batteries vertical platform, the multinational firm aims to create new revenue streams and drive significant economies of scale in the development of its electric vehicles business. The new modular batteries are highly flexible to build a wide range of SUVs, commercial vehicles, trucks and cars, the company claims.
The firm develops and commercializes autonomous vehicle technology through its global segment under the name Cruise. GM Financial Inc caters to different automotive financing services and solutions. In addition, the American automotive company provides various aftersale vehicle services and products such as light repairs, maintenance, vehicle accessories, collision repairs, and service warranties.
General Motors Co owns and operates through 122 facilities, 4232 dealers and above 500,000 retirees in the Unites States. It also houses several brands, namely:
In January 2021, the firm launched a new business, BrightDrop, to offer electric first-to-last mile products and related ecosystem, including services and software to aid logistics and delivery firms deliver goods efficiently. In addition, the company aims to invest approximately C$1.0 billion to convert its Ontario-based CAMI manufacturing plant to manufacture BrightDrop EV600 cargo van.
The company claims to operate with a network of over 4,000 automotive dealerships in the United States.
The firm claims to focus on sustainable electrification, autonomous technology and vehicle safety. Through its periscope initiative, General Motors is working with non-profit organizations to promote and educate on the safety of passengers, drivers, children, pedestrians, and cyclists reportedly.
300 Renaissance Centre Detroit, MI48243 United States.