GENERAL MOTORS

GM was founded in 1908 as the General Motors Corporation. It was originally a holding company for Buick owned by William C. Durant. Durant was an automobile visionary and was responsible in part for the growth of General Motors in the United States. This includes the expansion and creation of several brand marquees including Cadillac, Chevrolet and GMC underneath the General Motors umbrella... General Motors has made the financial news many times since it was hit hard during the financial crisis of 2008. It was at this time when GM took a bailout amount of $49.5 billion from the United States Government in exchange for 60% of stock ownership. This however was not enough and GM was forced to file Chapter 11 Bankruptcy. GM battled back and raised $20.1 billion for an IPO in November of 2010 and has continued to increase sales since then... Brief History and About General Motors Company - Founder William C. Durant, Acquisitions, Chevrolet Merger, US Bailout, Bankruptcy, IPO, Auto Brand..

Also known as: General Motors Company, General Motors Company LLC, General Motors Corporation, General Motors Pension