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
History of Chrysler one of the Chryslers in question. Chrysler settled out of court with complainants. Chrysler CEO Lee Iacocca sought to minimize damage to the corporation's public image by calling a news conference in which he termed the action "dumb" and "unforgivable". A joint venture with Mitsubishi called Diamond Star Motors strengthened the company's hand in the small car market. Chrysler also acquired American Motors Corporation (AMC) in 1987, for its Jeep brand and much needed production capacity, AMC's Eagle Premier would be the basis for the future Chrysler LH platform sedans. This bolstered the firm's size, but the American Motors purchase