GE and GM are not the same company
GE is General Electric company and GM is General Motors company.
GE is a company which makes and sells appliances under the brand names of GE, Monogram.
Haier Smart Home Company owns GE Appliances and Haier has the right to use the GE brand until 2056.
GM is General motors company which manufacturers and sells vehicles such as Buick, Chevrolet, Cadillac etc.
Most of GM stock is owned by Blackrock Inc which holds 104.8 million shares of GM stock.
Vanguard group holds 94.37 million shares of stocks in GM.
Institutional shareholders control most of GM stock, with 89 percent of ownership of the stock.
Chevy is older than GMC as Chevy or Chevrolet was founded before GMC was founded.
However both Chevrolet and GMC was founded in the year 1911 but as separate entities by different people.
However although both were founded in the same year, the Chevrolet brand or Chevy was founded before GMC so Chevy is slightly older than GMC.
GMC is one of the many subsidiaries of General Motors or GM for short.
General Motors which is GMC's parent company also owns several other car manufacturers.
The Year GMC went out of business was June 1st 2009 when they filed for bankruptcy.
However the U.S. government bailed GMC out and they went back into business and are still operating today.
GMC was originally called the Grabowsky Motor Company after it's founders, Max and Morris Grabowsky who established GMC in 1900.
GM bought out Chevy on May 2nd 1918.
Originally Chevy or Chevrolet was founded in 1911 by Swiss race car driver Louis Chevrolet and William C Durant, the founder of GM.
GM then bought Chevrolet in order to offer a car for every purse and every purpose.
Now Chevrolet is GMs best selling global vehicle brand and accounts for more than half of GMs global sales.
The reason you should buy a GMC over a Chevy is GMC tends to be a bit more reliable than the Chevy and GMC trucks also have a more luxurious feel with higher end features than Chevy.
GMC also uses better interior materials and more standard amenities than Chevy Trucks.
GMC is often higher in cost than Chevy but the additional cost can be worth it if you can afford it.
GMC is often better than Chevy in terms of reliability although Chevy and GMC are owned by the same company but they are different vehicles.
GMC trucks last longer than Chevy in most cases.
Although Chevy is a brand owned by GMC but the vehicles do differ and GMC is often more reliable as a vehicle than Chevy.
Chevy trucks are also pretty reliable as well.
I have a 1992 Chevy Silverado pickup that is still going strong today and I've had it since it was 11 years old when I bought it used.
GM went broke due to many years of significant market share drops, mounting losses and a heavy burden of legacy costs including pensions for retired workers and healthcare costs which were also made worse by the economic recession of 2008.
The economic recession of 2008 lead to a cash crisis where the GM company was projected to run out of money without any government intervention which forced them to restructure and to shed several of their brands including the Hummer, Saturn and Pontiac to regain their financial stability.
The US government bought General Motors after the bailouts in 2008 and was a majority shareholder of General Motors until 2010.
However now the top individual shareholders of General Motors are Dan Ammann, Mark Reuss and Mary Barra.
General Motors filed for bankruptcy during the 2009 financial crisis and then became largely owned by the U.S. government.
However GM eventually recovered and then relaunched in 2010 with an initial public offering of new GM stocks.
GMC is still American owned and is owned by General Motors which is an American automotive manufacturer.
General Motors or GMC is headquartered in Detroit, Michigan.
The 4 brands of GM that are left are the Cadillac, GMC, Buick and Chevrolet.
Chevrolet is GM's most successful brand and the Chevrolet Equinox is the best selling SUV in the US.
GMC stands for General Motors Company.
General Motors Company is the division of General Motors which makes SUVs and trucks.
GMC is also one of the several subsidiaries of General Motors and also owns Cadillac, Buick and Chevrolet.
The history of GMC dates back to the early 20th century which is when GMC was originally owned by the Grabowsky Motor Vehicle Company.
And in the year 1909, William Durant bought the company and then made it a subsidiary of General Motors.
The company was then renamed to General Motors Truck Company and they begin using the GMC logo on their trucks in the year 1912.