From total disaster in 2008, GM climbed to number 5 in the Fortune 500 in 2011. In the words of Fortune Magazine: "Detroit has staged a comeback". Profits were up 49% from 2010. Around March 2012, GM had around $40bn of market cap.
General Motors owns the classic American brands like Chevrolet, Buick, Cadillac as well as the European brand Vauxhall. Vauxhall is a British brand that was acquired by GM as early as 1925 and originally started as a marine engine manufacturer. It is headquartered in Luton, Bedfordshire, 30 miles North of London.
GM have a new luxury SUV for 2012, the Cadillac Escalade.
General Motors owns the classic American brands like Chevrolet, Buick, Cadillac as well as the European brand Vauxhall. Vauxhall is a British brand that was acquired by GM as early as 1925 and originally started as a marine engine manufacturer. It is headquartered in Luton, Bedfordshire, 30 miles North of London.
GM have a new luxury SUV for 2012, the Cadillac Escalade.
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