Terrain ▷ | from $26,465 |
Acadia ▷ | from $34,485 |
Yukon ▷ | from $44,455 |
Yukon XL ▷ | from $47,925 |
In 1908, William Durant formed General Motors (GM) to act as a holding company for Buick. In 1909, GM purchased both the Rapid Motor Vehicle Company and the Reliance Motor Vehicle Company, which were merged in 1911 under the name “GMC Truck” after Durant was pushed from the company. By 1916, Durant purchased 54.5% of GM’s shares, returned to the head of the company, and brought Chevrolet, under the GM umbrella. It was in this year that a GMC truck made the trip from Seattle to New York City in thirty days. 1925 saw GM purchasing Yellow Coach and merging the bus manufacturer with GMC to form the GM Truck and Coach Division. By 1926, the GMC truck had been improved enough to travel from New York to San Francisco in a little over five days.
As GM purchased more car companies, such as Pontiac and Oldsmobile, GMC trucks were able to be sold at these dealerships. This allowed Chevy trucks to be sold solely at Chevrolet dealers even though they were nearly the same as their GMC branded siblings. GMC Trucks are considered the premium of the two brands even though they vary only in trim lines, sheet metal, style, and prices. Bus manufacturing ended in 1987 because of increased market competition, and rights for bus models were sold to other companies.
GMC ranks twelfth but has been improving its overall brand perception. It primarily focuses on the pickup truck, SUV, light- and medium- truck market segments, but has produced, heavy- trucks, motor homes, buses, military vehicles, ambulances, and fire trucks in the past. The Yukon Denali (luxury SUV), Savana (cargo van), Yukon Hybrid, Sierra (truck), and Acadia are the most successful GMC models currently produced. The Canyon, Envoy, and Safari were popular models that have been discontinued.
GM’s Board of Directors has one CEO, one Chairman, and eleven other directors. Beneath the Board are twenty-one vice-presidents, presidents, and officers.
GM sold 2.78 million vehicles in 2013, which represented an increase over the previous year. GM holds 18.1% of the U.S. market share, but worldwide, it has 17% in Brazil, 14% in Russia, 9% in China, and 3% in India.
Last updated in May 2014. All prices were taken from the manufacturer's website. They're typically suggested retail prices (MSRPs) excluding tax, delivery, title, registration, license, dealer fees and optional equipment.
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