General Motors Dutch automaker Spyker, and emerged from a government-backed Chapter 11 reorganization. In 2010, the reorganized GM made an initial public offering that was one of the world's top five largest IPOs to date, and returned to profitability later that year. Based on global sales, General Motors is routinely among the world's largest automakers. Headquartered at the Renaissance Center in Detroit, GM employs approximately 180,000 people around the world. In 2009, General Motors sold 6.5 million cars and trucks globally; in 2010, it sold 8.39 million. , Mary Barra is the chief executive officer (CEO) and chairman of the board and
General Motors in China. On April 20, 2017, General Motors announced that the Venezuelan government had seized the General Motors Venezolana plant in Valencia. Prior to their sale to Groupe PSA in 2017, Opel was the main GM brand name in Europe except in the United Kingdom, where Opel's British subsidiary, Vauxhall, used its own "Vauxhall" brand name. The Chevrolet brand was reintroduced in Europe in 2005, selling mostly rebranded Daewoo cars acquired by GM Korea. After having lost approximately $18B over 12 years, GM began phasing out mainstream sales of Chevrolet in Europe in late 2013, and finished by late 2015,