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General Motors

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As of 2007, General Motors is the fifth largest company in the world (behind Wal-Mart, Exxon Mobil, Royal Dutch Shell, and British Petroleum.)<a href="http://en.wikipedia.org/wiki/General_Motors" TARGET="_blank" [1]</a>
Current members of the board of Directors of General Motors are: Percy Barnevik, Erskine Bowles, John Bryan, Armando Codina, Erroll Davis, George Fisher, Karen Katen, Kent Kresa, Ellen Kullman, Philip Laskawy, Kathryn V. Marinello, Eckhard Pfeiffer, and Rick Wagoner who also serves as chairman of the board.<a href="http://en.wikipedia.org/wiki/General_Motors" TARGET="_blank" [1]</a>
General Motors was founded 1908, in Flint, Michigan and currently employs approximately 284,000 people around the world. GM's global headquarters is the Renaissance Center located in Detroit, Michigan, USA, They currently manufacture their cars and trucks in 35 different countries. Its European headquarters are based in Zurich, Switzerland, and its Holden headquarters are located in Melbourne, Victoria, Australia.<a href="http://en.wikipedia.org/wiki/General_Motors" TARGET="_blank" [1]</a>


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  • For the first quarter of 2006 GM earned $400 million, signaling a turnaround had already begun even though many aspects of the restructuring plan had not yet taken effect.<a href="#hdng0">(More...)</a>



<a name="hdng0"></a>For the first quarter of 2006 GM earned $400 million, signaling a turnaround had already begun even though many aspects of the restructuring plan had not yet taken effect. Although retiree health care costs remain a significant issue, General Motors' investment strategy has generated a $17.1 billion surplus in 2007 in its $101 billion U.S. pension fund portfolio, a $35 billion reversal from its $17.8 billion of underfunding. <a href="http://en.wikipedia.org/wiki/General_Motors" TARGET="_blank" [1]</a> General Motors (GM) was founded on September 16, 1908 in Flint, Michigan, as a holding company for Buick, then controlled by William C. Durant, and acquired Oldsmobile later that year.<a href="http://en.wikipedia.org/wiki/General_Motors" TARGET="_blank" [1]</a> Roger & Me - the first documentary by filmmaker Michael Moore. The film criticizes General Motors for closing down its factories in Moore's hometown of Flint, Michigan, despite record profits. After Flint residents lose their many jobs at GM, Moore claims the town descends into economic chaos.<a href="http://en.wikipedia.org/wiki/General_Motors" TARGET="_blank" [1]</a> General Motors was founded 1908, in Flint, Michigan and currently employs approximately 284,000 people around the world. GM's global headquarters is the Renaissance Center located in Detroit, Michigan, USA, They currently manufacture their cars and trucks in 35 different countries. Its European headquarters are based in Zurich, Switzerland, and its Holden headquarters are located in Melbourne, Victoria, Australia.<a href="http://en.wikipedia.org/wiki/General_Motors" TARGET="_blank" [1]</a> The General Motors Aftermarket Business in the U.S. manages four brands; Goodwrench, ACDelco, GM Performance Parts and GM Accessories.<a href="http://en.wikipedia.org/wiki/General_Motors" TARGET="_blank" [1]</a> Shanghai GM, a joint venture between the Chinese company SAIC and General Motors, was created on March 25, 1997.<a href="http://en.wikipedia.org/wiki/General_Motors" TARGET="_blank" [1]</a> General Motors Corporation, also known as GM, is a multinational corporation headquartered in the United States.<a href="http://en.wikipedia.org/wiki/General_Motors" TARGET="_blank" [1]</a> On September 24, 2007 General Motors workers represented by the United Auto Workers union went on the first nationwide strike against GM since 1970.<a href="http://en.wikipedia.org/wiki/General_Motors" TARGET="_blank" [1]</a> General Motors was named one of the "100 Best Companies for Working Mothers" in 2004 by Working Mothers magazine. GM has also given millions of dollars in computers to colleges of Engineering through its PACE Awards program.<a href="http://en.wikipedia.org/wiki/General_Motors" TARGET="_blank" [1]</a> General Motors Acceptance Corporation 51% stake sold to Cerberus Capital management for 14.7 billion in late 2006.<a href="http://en.wikipedia.org/wiki/General_Motors" TARGET="_blank" [1]</a> As of 2007, General Motors is the fifth largest company in the world (behind Wal-Mart, Exxon Mobil, Royal Dutch Shell, and British Petroleum.)<a href="http://en.wikipedia.org/wiki/General_Motors" TARGET="_blank" [1]</a> Many were donated to research institutions and facilities, along with museums. Some are still owned by General Motors themselves, and are kept at their technical design center in Warren, Michigan, and can occasionally be seen on the road within a close area of the tech center.<a href="http://en.wikipedia.org/wiki/General_Motors" TARGET="_blank" [1]</a> There have only been a limited number of models bearing the General Motors brand.<a href="http://en.wikipedia.org/wiki/General_Motors" TARGET="_blank" [1]</a> General Motors offered a closed-end lease for three years, with no renewal or residual purchase options.<a href="http://en.wikipedia.org/wiki/General_Motors" TARGET="_blank" [1]</a> General Motors is both active in environmental causes and, as a major industrial force, implicated in ecologically harmful activity.<a href="http://en.wikipedia.org/wiki/General_Motors" TARGET="_blank" [1]</a> Current members of the board of Directors of General Motors are: Percy Barnevik, Erskine Bowles, John Bryan, Armando Codina, Erroll Davis, George Fisher, Karen Katen, Kent Kresa, Ellen Kullman, Philip Laskawy, Kathryn V. Marinello, Eckhard Pfeiffer, and Rick Wagoner who also serves as chairman of the board.<a href="http://en.wikipedia.org/wiki/General_Motors" TARGET="_blank" [1]</a>

General Motors (GM) CEO Richard Wagoner General Motors opnbrktGMclsbrkt CEO Richard Wagoner (5:02) 05/03/07 9:30ET - Wagoner talks about the labor talks in an exclusive interview with CNBC's Phil LeBeau live from Detroit.<a href="http://www.hoovers.com/general-motors/--ID__10640--/free-co-factsheet.xhtml" TARGET="_blank" [2]</a> General Motors Corporation and its subsidiaries engage in the development, production, and marketing of cars, trucks, and related parts worldwide.<a href="http://finance.yahoo.com/q?s=gm" TARGET="_blank" [3]</a> General Motors Corp. (NYSE: GM), the world's largest automaker, has been the global industry sales leader for 76 years.<a href="http://www.gmeurope.com/" TARGET="_blank" [4]</a> GM also had collaborations with Fiat S.p.A (see GM/Fiat Premium platform ) and Ford Motor Company. To this day, GM retains various stakes in many different automakers.<a href="http://en.wikipedia.org/wiki/General_Motors" TARGET="_blank" [1]</a>

In 2007, Tesla Motors began taking orders for the fully electric Tesla Roadster, which was designed for less than 1/10th of the cost of the EV1.<a href="http://en.wikipedia.org/wiki/General_Motors" TARGET="_blank" [1]</a>

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<a name="sources"><a href="#" onclick="toggle_visibility('srcs'); return false;" title="Most Informative Documents, used in preparation of this report.">
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1. <a href="http://en.wikipedia.org/wiki/General_Motors" TARGET="_blank">General Motors - Wikipedia, the free encyclopedia</a>
<a href="http://en.wikipedia.org/wiki/General_Motors" TARGET="_blank">http://en.wikipedia.org/wiki/General_Motors</a>

2. <a href="http://www.hoovers.com/general-motors/--ID__10640--/free-co-factsheet.xhtml" TARGET="_blank">General Motors - Company Overview - Hoover's</a>
<a href="http://www.hoovers.com/general-motors/--ID__10640--/free-co-factsheet.xhtml" TARGET="_blank">http://www.hoovers.com/general-motors/--ID__10640--/free-co-factsheet.xhtml</a>

3. <a href="http://finance.yahoo.com/q?s=gm" TARGET="_blank">GM: Summary for GEN MOTORS - Yahoo! Finance</a>
<a href="http://finance.yahoo.com/q?s=gm" TARGET="_blank">http://finance.yahoo.com/q?s=gm</a>

4. <a href="http://www.gmeurope.com/" TARGET="_blank">General Motors - GM Europe - Company Overview - About GM Europe</a>
<a href="http://www.gmeurope.com/" TARGET="_blank">http://www.gmeurope.com/</a>

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