Cadillac) 1902 was founded by henry martynleland, an American, and named Cadillac in memory of Anthony Cadillac, the French founder of Detroit. 1909 Cadillac was merged into GM and became a department of GM to produce luxury cars and sports cars. The products are the highest grade of GM. The main products are Seville, DeVille and catra.
Buick Branch (1903) was founded by david buick and sold to Durant, the founder of General Motors. The main products are Century, Regal and Electra/Park Avenue.
Chevrolet Branch (19 1 1) After leaving GM, Durant co-founded Chevrolet with Swiss racing driver Louis Chevrolet. 19 18 After Durant returned to GM, the company merged into GM. Since then, it has been the largest branch of GM, mainly producing economical cars and high-end sports cars. The main products are Lumina, LuminaAPV, Astro, Camaro, Corvette, Malibu, Wan Cheng, TransSport and so on.
Pontiac Branch (Pontiac) 1907 In Pontiac, Oakland County, near Terry, a carriage dealer established the Oakland Automobile Company, which was merged into General Motors in 1908. 1925, because the Pontiac brand cars produced were popular, Auckland branch was renamed Pontiac branch in 1932 to produce mid-range cars. The main products are Sunfire, Bonneville, granda, Firebird, TransSport and so on.
Oldsmobile was founded in 1897 by one of the pioneers of American automobile industry, and merged into General Motors in 1908. Oldsmobile is the first enterprise in the United States to produce and sell cars on a large scale, mainly producing mid-range cars. The main products are Alero, Aurora, Cutlass, Enthusiasm, 88 (88), Regency, Silhouette, etc.
Saturn division (Saturn division)1985 GM decided to set up a new Saturn division, trying to develop advanced Saturn cars to prevent foreign cars from entering the American market on a large scale. Located in Spring Mountain, Tennessee, this branch is the only GM company established internally. The main products are divided into luxury car SL, station wagon SW and sports car SC.
In addition, GM also has a famous GMC company, which mainly produces pickup trucks.
On the morning of June 1 June, 2009, US Eastern Time, GM formally applied to the US government for bankruptcy protection. It is reported that the US government will provide a total of $30 billion in aid to the restructured GM. In addition, GM will nominate Al Koch, a turnround expert, as the chief restructuring officer after the bankruptcy of the company.
GM said that the current corporate debt is 654.38+0728. 1 billion dollars, and the total assets reach 82.29 billion dollars. After GM filed for bankruptcy protection, the US Treasury will provide about $30 billion in additional financial assistance to the restructured new company. In addition, this financial aid does not include the $20 billion previously provided by the government to the company.