Manufacturing Magazine October 2018 | Page 59

03 Ford Motor Co . 04

General Motors Co .

General Motors is one the largest global
automotive manufacturers , with operations in more than 35 countries . Its corporate structure diversifies into four manufacturing subsidiaries : GMC , Buick , Cadillac and Chevrolet , that have created iconic cars such as the 1963
Chevrolet Corvette , the 1959 Cadillac Eldorado or the 1957 Chevrolet Bel-Air , topping the charts of best-selling cars in the U . S . for decades . The company , based in Detroit , employs over 180,000 people at 400 facilities around the world , manufactures around 9 million vehicles every year and generated $ 145,588 mn in revenue as of 2017 – fully immersed in the electric-car manufacturing . www . gm . com
Founded in 1903 by Henry Ford , the company revolutionised global automotive sector and manufacturing processes by mass producing its first car , the Ford Model T . The integrated assembly line , located at the first Ford factory in Michigan , became a model for modern mass production methods and consumption worldwide . Together with his engineers , Ford invented machines to mass-produce the car parts needed in the production and designed methods to assemble them as soon as they were made , dividing the production into appointed stations . A Fortune 500 company , it manufactures around 6.7 million cars a year , generating $ 7,602 mn revenue in 2017 . www . ford . co . uk
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