First Trade Date for General Motors Corporation
Company Name | First Trade Date (yyyy-mm-dd) |
General Motors Corporation | 1916-12-20 |
Company Name | Symbol |
General Motors Corporation | GM |
History and Business of Company (this information may include date of incorporation) | |
General Motors Corporation, incorporated in 1916 under the laws of the State of Delaware, is hereinafter sometimes referred to as the "Registrant", the "Corporation", "General Motors", or "GM." GM presents separate supplemental financial information for the following businesses: o Automotive and Other Operations o Financing and Insurance Operations GM participates in the automotive industry through the activities of its automotive business operating segment General Motors Automotive (GMA) which is comprised of four regions: o GM North America (GMNA), o GM Europe (GME), o GM Latin America/Africa/Mid-East (GMLAAM), and o GM Asia Pacific (GMAP) GMNA designs, manufactures, and/or markets vehicles primarily in North America under the following nameplates: Chevrolet, Pontiac, GMC, Oldsmobile, Buick, Cadillac, Saturn, and HUMMER. GME, GMLAAM, and GMAP primarily meet the demands of customers outside North America with vehicles designed, manufactured, and/or marketed under the following nameplates: Opel, Vauxhall, Holden, Saab, Buick, Chevrolet, GMC, and Cadillac. GM's automotive regions also have equity ownership in Fiat Auto Holdings (FAH), Fuji Heavy Industries Ltd., Suzuki Motor Corporation (Suzuki), Isuzu Motors Ltd., Shanghai General Motors Corporation (SGM), SAIC-GM-Wuling Automobile Company Ltd., and GM Daewoo Auto & Technology Company (GM Daewoo). These investees design, manufacturer and market vehicles under the following nameplates: Fiat, Lancia, Alfa Romeo, Subaru, Suzuki, Isuzu, Buick, Wuling, Daewoo, and Chevrolet. GM's other operations include the design, manufacturing and marketing of locomotives, the elimination of intersegment transactions, certain non-segment specific revenues and expenditures, and certain corporate activities. GM's Financing and Insurance Operations primarily relate to General Motors Acceptance Corporation (GMAC). GMAC provides a broad range of financial services, including consumer vehicle financing, automotive dealership and other commercial financing, residential and commercial mortgage services, automobile service contracts, personal automobile insurance coverage and selected commercial insurance coverage. See related business discussion in GMAC's Form 10-K, Item 1, which is incorporated herein by reference. GMAC's Form 10-K is filed separately with the Securities and Exchange Commission (SEC). Until its split-off on December 22, 2003, GM's business included Hughes Electronics Corporation. Hughes' activities included digital entertainment, information and communication services, and satellite-based private business networks. Substantially all automotive-related products are marketed through retail dealers and distributors in the United States, Canada, and Mexico, and through distributors and dealers overseas. At December 31, 2003, there were approximately 7,700 GM vehicle dealers in the United States, 800 in Canada, and 260 in Mexico. Additionally, there were a total of approximately 15,500 outlets overseas which include dealers and authorized sales, service, and parts outlets. |
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