General Motors General Motors General Motors Company, commonly referred to as General Motors (GM), is an American multinational corporation headquartered in Detroit that designs, manufactures, markets, and distributes vehicles and vehicle parts, and sells financial services, with global headquarters in Detroit's Renaissance Center. It was originally founded by William C. Durant on September 16, 1908 as a holding company. The company is the largest American automobile manufacturer, and one of the world's largest. As of 2018, General Motors is ranked #10 on the Fortune 500 rankings of the largest United States corporations by total revenue. General Motors manufactures vehicles in 37 countries;
General Motors Precept General Motors Precept The General Motors Precept was a 2000 low emission vehicle concept car aimed at meeting the fuel economy goal of the Partnership for a New Generation of Vehicles between the US Government and GM, Ford, and Chrysler. GM was able to meet the fuel economy goal with the Precept, creating versions using Lithium and NiMH batteries with diesel, fuel cell and other hybrid version of the car. GM ended the project in 2000, claiming no one would be interested in buying a high fuel economy vehicle. The near-term PNGV program, introduced during the Clinton Administration, was terminated