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Series: EV1

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About GM

General Motors Corporation (GM) (NYSE: GM) is a multinational automobile manufacturer and currently employs approximately 266,000 people around the world. It was originally founded in 1908 by William C. Durant and is currently the ninth largest publicly traded company in the world, as measured by the number of employees.

It manufactures various different brands of automobiles including Buick, Cadillac, Chevrolet, GM Daewoo, GMC, Holden, Hummer, Opel, Pontiac, Saab, Saturn, Vauxhall, and Wuling. GM is also the majority shareholder of GM Daewoo Auto & Technology Co. of South Korea and has had many collaborations with the world's various automakers.

In recent years the company has endured significant financial turmoil, including a $50 billion dollar loss in 2007 and 2008. In December 2008, the United States House of Representatives passed a bill that would have given the automakers $14 billion. Negotiations over the plan collapsed in the Senate. Several days later, on December 19, 2008, the Bush administration approved a $17.4 billion loan for the companies on its own initiative.

History

General Motors (GM) was founded on September 16, 1908, in Flint, Michigan, as a holding company for Buick, then controlled by William C. Durant, and acquired Oldsmobile later that year. The next year, Durant brought in Cadillac, Elmore, Oakland (later known as Pontiac) and several others. In 1909, General Motors acquired the Reliance Motor Truck Company of Owosso, Michigan, and the Rapid Motor Vehicle Company of Pontiac, Michigan, the predecessors of GMC Truck. Durant lost control of GM in 1910 to a bankers' trust, because of the large amount of debt taken on in its acquisitions coupled with a collapse in new vehicle sales. A few years later, Durant would start the Chevrolet Motor car company and through this he secretly purchased a controlling interest in GM. Durant took back control of the company after one of the most dramatic proxy wars in American business history. Shortly after, he again lost control for good after the new vehicle market collapsed. Alfred Sloan was picked to take charge of the corporation and led it to its post war global dominance. This unprecedented growth of GM would last through the late 70's and into the early 80's.

Company overview

General Motors currently employs approximately 266,000 people around the world. GM's global headquarters is the Renaissance Center located in Detroit, Michigan, United States. In 2007, 9.37 million GM cars and trucks were produced in 35 different countries. GM is the majority shareholder in GM Daewoo Auto & Technology Co. of South Korea and has had many collaborations with the world's various automakers. This includes product, powertrain and purchasing collaborations with Suzuki Motor Corp. and Isuzu Motors Ltd. of Japan, advanced technology collaborations with Toyota Corporation and BMW AG of Germany and vehicle manufacturing ventures with several of the world's automakers including Toyota, Suzuki, Shanghai Automotive Industry Corp. of China, AvtoVAZ of Russia, Renault SA of France, and most recently, UzAvtosanoa of Uzbekistan. GM also had collaborations with Fiat S.p.A (see GM/Fiat Premium platform) and Ford Motor Company. To this day, GM retains various stakes in many different automakers.

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4-seat
Electric engine                A  
        149.2 N·m / 110.0 lb·ft / 110.0 lb·ft
   

GM EV1 (1999)

4-seater, Electric engine, 149.2 N·m / 110.0 lb·ft / 110.0 lb·ft, automatic transmission, front wheel drive

2-door
2-seat
                 1-spd
102.2 kW / 137.1 hp / 137.1 hp  150.0 N·m / 110.6 lb·ft / 110.6 lb·ft
   

GM EV1 Gen II Lead-Acid (1998)

2-door 2-seater fixed-head coupé, electricity engine, 102.2 kW / 137.1 hp / 137.1 hp @ 7000 rpm / 7000 rpm / 7000 rpm, 150.0 N·m / 110.6 lb·ft / 110.6 lb·ft @ 0 rpm / 0 rpm / 0 rpm, 1-speed transmission, front wheel drive, 129 km/h / 80 mph / 80 mph top speed

2-door
2-seat
                 1-spd
102.2 kW / 137.1 hp / 137.1 hp  150.0 N·m / 110.6 lb·ft / 110.6 lb·ft
   

GM EV1 Gen II NiMH (1998)

2-door 2-seater fixed-head coupé, electricity engine, 102.2 kW / 137.1 hp / 137.1 hp @ 7000 rpm / 7000 rpm / 7000 rpm, 150.0 N·m / 110.6 lb·ft / 110.6 lb·ft @ 0 rpm / 0 rpm / 0 rpm, 1-speed transmission, front wheel drive, 129 km/h / 80 mph / 80 mph top speed

Infobox

Car Insurance Comparison – Why It is Important

Knowing what to look for when making a car insurance comparison is getting to be more important all of the time. Most, if not all states require motorists to have some level of auto insurance.

But now, states like Mississippi that do not have insurance databases are going to have them, and there must be proof of insurance before the automobile can get its tags renewed. According to the Jackson Free Press, the Mississippi legislature passed a new law in mid-March of 2011 requiring that motorists have more than just an insurance card, but actually have the insurance and be in the database. No insurance means no tags. This will prevent motorists from signing up for insurance and then canceling the policy to save money and still have the card.

With this becoming more common, it is more important now than ever to know how to make a car insurance comparison. Everyone wants to save money on auto insurance, and if that is the name of your game, you will want to get the absolute minimum that your state requires. That does not necessarily mean that you are going to have great insurance, though, because it will most likely just be liability. If your car still has some value to it, this may not be the best for you. If your car is totaled, you will have no way to recover the loss.

If you are already covered under a health insurance plan, it may not be necessary to get additional medical coverage with your auto insurance. If not, this could be crucial. Other additions that you will have to consider include towing, comprehensive coverage, theft, extra liability, car rental and a number of other options your agent will be happy to show you.

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