History of General Motors History of General Motors The history of General Motors (GM), one of the world's largest car and truck manufacturers, reaches back more than a century and involves a vast scope of industrial activity around the world, mostly focused on motorized transportation and the engineering and manufacturing that make it possible. Founded in 1908 as a holding company in Flint, Michigan, as of 2012 it employs approximately 209,000 people around the world. With global headquarters at the Renaissance Center in Detroit, Michigan, United States, General Motors manufactures cars and trucks in 35 countries. In 2008, 8.35 million GM cars and trucks
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,