As often happens with large projects, the creation of GM Colmotores emerged from the vision of a handful of Colombian businessmen, led by German Montoya Velez. After many conversations, financial calculations and had to overcome obstacles that men whose common goal was, before the trade to create company in Colombia, were crystallized his desire: the July 27th, 1956 was founded the Fabrica Colombiana de Automotores S.A. (Colmotores), whose articles of incorporation are logged a month later, on 25 August of that year, with an initial capital of five million pesos, contributed several regions, particularly Antioquia, Cundinamarca, Caldas and the Coast.