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 GM Korea, followed by a market exit. GM is currently negotiating a $2.8 billion investment plan for its Korean operations from the South Korean government, to be dispersed over the next decade. Furthermore, the company approached the Korea Development Bank to participate in a $2.7 billion debt swap issued by its Korean subsidiary. According to the South Korean unit of General Motors, its domestic sales for March dropped by 58 percent, which is more than half compared to the past year. In February 2018, General Motors had said to shut down one factory and then decide what lies ahead for