Motors Liquidation Company
American automotive company
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May 2023 | GM created GM Envolve, a new division focusing on business-to-business products and services with an emphasis on sustainability and future technologies. |
September 2022 | GM announced plans to introduce an electric version of the Chevrolet Equinox priced around $30,000. |
January 2022 | GM announced plans to invest $7 billion to convert a Michigan plant for electric car production and build a new battery plant. |
April 2021 | GM committed to spending a percentage of its advertising budget on Black-owned media, increasing from 2% in 2021 to 8% by 2025. |
April 2021 | GM announced a joint venture with LG to build a $2.3 billion battery plant for electric vehicles. |
2020 | GM discontinued the Holden brand due to poor reception and sales, shutting down production facilities. GM continues to export Chevrolet vehicles to Australia and New Zealand through General Motors Specialty Vehicles. |
December 2020 | GM shipped the first GMC Hummer EV pickup truck with over 1,000 horsepower. |
March 2020 | GM withdrew the Chevrolet brand from Indonesia, while continuing to sell Wuling badged vehicles through SGMW Motor Indonesia. |
February 2020 | GM discontinued the Chevrolet brand in Thailand and withdrew from the Thai market, selling its Rayong plant to Great Wall Motors. |
January 2020 | GM announced the return of the Hummer nameplate as a series of electric vehicles within the GMC portfolio. |
2019 | GM sold its 25% interest in GM Uzbekistan to the Government of Uzbekistan, fully divesting from the Uzbek automotive manufacturing operation. |
2019 | GM left the FAW-GM joint venture, with the Jiefang brand becoming wholly owned by FAW. |
February 2019 | GM ceased production of the Chevrolet Volt after selling a total of 157,054 units during its eight-year production tenure. |
January 1 2019 | Mark Reuss becomes President of General Motors, starting from January 1, 2019. |
2018 | GM approached the Korea Development Bank to participate in a $2.7 billion debt swap for its Korean subsidiary. |
November 2018 | GM announced layoffs of more than 14,000 employees in North America, comprising 15% of its workforce, and planned to cease production at multiple assembly and engine plants. |
February 2018 | General Motors shut down one factory in South Korea, which was affected by the Chevrolet brand's pullout from Europe. |
October 2017 | GM acquired Strobe, a solid-state LIDAR company, to develop technology for future self-driving cars. |
March 6 2017 | GM sold its Opel and Vauxhall brands to PSA Group for $2.3 billion. |
2015 | General Motors shut down its manufacturing plant in Bekasi, West Java, Indonesia. |
October 2015 | GM launched the second-generation Chevrolet Volt in the United States and Canada with an upgraded drivetrain and improved battery system. |
June 2015 | General Motors stopped production of the Chevrolet Sonic in Thailand. |
January 2014 | Dan Ammann becomes President of General Motors, serving from January 2014 to January 2019. |
December 13 2013 | GM divested its stake in PSA Group, generating gross proceeds of €250 million. |
August 2013 | Sales of Opel in Australia ceased due to low sales. |
March 11 2013 | GM's new manufacturing plant in Bekasi, West Java, Indonesia officially opened. |
2012 | GM established Opel as a niche marque in Australia and began selling Opel branded cars. |
2012 | Second phase of the Shanghai auto research center was opened. |
2012 | GM formed an alliance with PSA Group, acquiring a 7% stake in the company. |
2011 | GM discontinued the Daewoo brand in South Korea and replaced it with the Chevrolet brand. |
2011 | GM opened a US$250 million auto research center in Shanghai to develop gasoline-hybrid cars, electric vehicles, alternative fuel vehicles, engines, and new technologies. |
2011 | GM revived an idled U.S. factory in Orion, Michigan, creating 1,500 jobs and starting production of the Chevrolet Sonic. |
October 2011 | South Korea free trade agreement opened the South Korean auto market to American-made cars, impacting GM's operations in the country. |
October 2011 | GM introduced the Chevrolet Spark EV, its first all-electric passenger car in the U.S. since the EV1 was discontinued in 1999. |
August 2011 | General Motors announced plans to build a $150 million manufacturing plant in Bekasi, West Java, Indonesia, with a planned production capacity of 40,000 passenger cars per year for the Southeast Asian market. |
This contents of the box above is based on material from the Wikipedia article History of General Motors, which is released under the Creative Commons Attribution-ShareAlike 4.0 International License.