General Motors India

Sec. – C

Sec. – C

General Motors India –An Overview |

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Apoorv Jain 2010128, Edwin Sneham 2010135, Eshita Batta 2010136,Mayank Gorla 2010148, Praveen Trivedi 2010156, Siddesh Devadas 2010169, Stuti Rai 2010171, Tarun Nanda 2010172 |

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10/31/2010

10/31/2010

INTRODUCTION -

General Motors India Private Limited is a wholly-owned subsidiary of General Motors that is engaged in the automobile business in India. It is the 5th largest automobile manufacturing company in India after Maruti Suzuki, Hyundai, Tata Motors and Mahindra.

General Motors India, incorporated in 1994 as a 50-50 joint venture company with the C.K. Birla Group of Companies, became a fully owned subsidiary of GM in 1999 when GMOC bought the remaining shares. The company was restructured in 1999 and was converted from a Public Limited company to a Private Limited company. GM currently holds 86 percent of voting shares, and Holden (Australia) holds 14 percent.

Company

Founded in 1908, General Motors Corporation, one of the world's largest vehicle manufacturer, designs, builds and markets cars and trucks worldwide. GM's vision is to be the world leader in transportation products and related services, by unveiling new products and the most exciting lineup in its history. The company will earn its customers' enthusiasm through continuous improvement driven by the integrity, teamwork, and innovation of GM's people.

GM employs 205,000 people in every major region of the world and does business in some 157 countries. GM and its strategic partners produce cars and trucks in 31 countries, and sell and service these vehicles through the following brands: Buick, Cadillac, Chevrolet, FAW, GMC, Daewoo, Holden, Jiefang, Opel, Vauxhall and Wuling.

General Motors began doing business in India in 1928, assembling Chevrolet cars, trucks and buses, but ceased its assembly operations in 1954. GM continued with tie-ups with Hindustan Motors to build Bedford trucks, Vauxhall...