General Motors Corporation - American concern, the manufacturer of commercial vehicles, including the so-called light trucks (pickups and utility vans).
Founded in 1900, the brothers Max and Morris Grabowski created intended for sale truck equipped with a single-cylinder horizontal engine. In 1902 he founded the company Rapid Motor Vehicle, which began production of trucks with the single-cylinder engine. In 1908, with the advent of William C. Durant, created the company "General Motors", which absorbs the Rapid Motor Vehicle and all other small automotive companies in Michigan. In 1909 the first generation of trucks GMC produced. A formed "General Motors Corporation" in 1916.
Trucks company in 1916 participated in the first Meso-American rally and cross the country from Seattle to New York.
During the First World War the company GM set for the needs of the Army from 1917 to 1919 about 10,000 trucks and modifications based on them. After the war, GM started to improve the assembly line at the plant in Pontiac, Michigan, and began re-equipment of their cars, changing their body, in railway handcar and motovagony for various purposes.
In 1925 there was an important event - the GMC joined the company in "The Yellow Cab Manufacturing" from Chicago. Now GMC trucks had the opportunity to produce both small and medium-duty trucks with their own logo.
In 1927, there were T series machines, and by 1931 - one of the first car category Class 8 heavy truck T-95. This was a three-axis machine with pneumatic brakes and four-stage transmission, the vehicle payload capacity of up to fifteen tons.
In January 1988 GMC joined the group of manufacturers of trucks "Volvo-White" and to this day remains in force, producing trucks under the brand name "New Family", which became a joint product of "Volvo-White -GMC" and "Autocar".
Emblem GMC can be seen in the modern category of Class 8 trucks, but still operated and outdated modification.
Today GMC is a few models.
Pickup Sonoma (in three versions: Regular Cab, Extended Cab, Crew Cab).
In early 2001, there was a change of generation SUV GMC Envoy, who trace their ancestry to another SUV Chevrolet Blazer. New generation differs significantly from the previous model. This is primarily evident in ukrupleniyu machines, and secondly it is a completely new car. All external and internal parameters of the machine increased. Richer was the model and equipment. The car will be offered in both versions with all-wheel drive and rear.
In 2007, the company sold 9.37 million cars and trucks.
At the company's plants it operates 252 thousand. People (2008). Revenue in 2008 was $ 148.98 billion (2007 - $ 181 billion), net loss - $ 30.86 billion (2007 - net loss of $ 38.7 billion).
June 1, 2009 GM started bankruptcy proceedings - an appropriate lawsuit was filed in federal court of the Southern District of New York. The US government will provide the company about $ 30 billion, and in return receive 60% of the Group's shares, the Government of Canada - 12% of shares for $ 9.5 billion, the US auto industry association of trade unions of workers (UAW) - 17,5% of the shares. The remaining 10.5% of the shares will share the largest creditors of the Group. US President Barack Obama said that the government has no plans to control the GM always get rid of the controlling stake, as will improve the financial position of the Group.
It is assumed that after the bankruptcy proceedings concern will be split into two companies, the first of which will include the most unprofitable divisions, and the second - the most profitable Chevrolet and Cadillac. In the course of the bankruptcy proceedings will be closed 40% of all dealerships in the US and stopped conveyors 12-14 US companies, 20 thousand. People will lose their jobs.