The Rapid Vehicle Motor Company

The Rapid Vehicle Motor Company

Summary: The Rapid Motor Vehicle Company was started in by Max Grabowski.

It was the manufacturer of some of the earliest trucks and was purchased in by GM. In the name GMC was first used at the New York Auto Show and in the suffix Truck was dropped.

What most people don't know is that GMC also makes cars.

In Max Grabowski founded a company called the "Rapid Motor Vehicle Company", which developed some of the earliest commercial trucks ever designed. ...

gmc trucks

Article Body: The Rapid Motor Vehicle Company was started in by Max Grabowski.

It was the manufacturer of some of the earliest trucks and was purchased in by GM. In the name GMC was first used at the New York Auto Show and in the suffix Truck was dropped.

What most people don't know is that GMC also makes cars.

In Max Grabowski founded a company called the "Rapid Motor Vehicle Company", which developed some of the earliest commercial trucks ever designed. In the company was bought by General Motors to form the basis of the General Motors Truck Company, from which GMC Truck was made. In the name "GMC Truck" was first shown at the New York Auto Show. In GM dropped the word 'truck' from the GMC Truck name, thus creating the GMC name as we know it today. There never was a Grabowski Motor Company or a Grabowski Motor Corp.

They now make personal automobiles, as well as pickup truck and bus engines.

General Motors Corporation NYSE: GM, also known as GM, is a United States-based automobile maker with worldwide operations and brands including Buick, Cadillac, Chevrolet, Daewoo, GMC, Holden, Hummer, Opel, Pontiac, Saturn, Saab, and Vauxhall Chevrolet and GMC divisions produce trucks, as well as passenger vehicles. Other brands include ACDelco, Allison Transmission, and General Motors Electro-Motive Division that produces diesel-electric locomotives. GM also has stakes in Isuzu, Subaru, and Suzuki in Japan and a joint venture with AutoVAZ (Lada) in Russia. In December , it acquired Delta in South Africa, in which it had taken a percent stake in , and which is now a fully-owned subsidiary, General Motors South Africa.

GM's headquarters are in the Renaissance Center in Detroit, Michigan.

General Motors is the world's largest vehicle manufacturer and employs over , people. In , GM sold . million vehicles through all its branches. In , GM sold percent of all cars and trucks in the world. They also owned Electronic Data Systems from to which is a former Ross Perot company and, prior to selling it to News Corporation, DirecTV. GM owned Frigidaire from to .

The current chairman (since May , ) and chief executive officer (since June , ) is Rick Wagoner, succeeding John F. Smith, Jr.

General Motors is selling its percent stake in Fuji Heavy Industries, the parent of Subaru, in a deal that could raise more than $ million as per news released on October , .

Also, General Motors Canada auto workers voted on Sunday to ratify a new contract that will lay off , workers over the next three years, the Canadian Auto Workers and GM said.

General Motors lost . billion dollars last year, and would have made a profit if it was not saddled with billion dollars in health costs.

The UAW and GM are now reaching agreement to reduce this health cost by about billion dollars annually.