Summer Internship 2023 - Hardware Engineering

Commonly referred to as General Motors, The General Motors Company is an American Multinational Automotive corporation that manufactures, designs, markets and retails vehicles and vehicle parts and also sells financial services. Headquartered in Detroit's Renaissance Center in Michigan, USA, the corporation is well known for its brands such as Chevrolet, Cadillac, GMC, Buick, Holden and many more. The company was founded as a holding company controlled by William C. Durant, owner of Buick, in September 1908 by an escrow account set up by R S McLaughlin for 15 years of Buick Motors.

The corporation has manufacturing facilities in 37 countries and was ranked at #13 by the Fortune 500 list of 2019. The company also hit a milestone of Annual worldwide sales volume of 10 million vehicles in 2016. In the year 2009, the corporation filed for bankruptcy under the Chapter 11 and was soon backed by the government of the USA through its Troubled Asset Relief Program with the US Treasury investing $49.5 billion in General Motors. The Treasury later recovered $39 billion when it sold its shares on December 9, 2013, resulting in a loss of $10.3 billion.

Organization Structure:

Vehicle Brands and their Products:

• Chevrolet: Spark, Sonic, Impala, Volt, Camaro, Corvette, Trax, Suburban, Equinox, Silverado, Colorado, and more.
• Buick: Encore, Envision, Enclave, Regal Sportback, Cascada, Regal GS, Lacrosse, and Avenir Line.
• GMC: Canyon, Sierra, Yukon, Acadia, Terrain, Canyon Denali, Savana Cargo, and more.
• Cadillac: Escalade, CTS, CTS-V, XT6, ATS, and more.
• Holden: Commodore, Astra Hatch, Colorado, Equinox, Trailblazer, Trax, Acadia and more.
• Baojun: E100, 360, 530, RM-5 and more.
• Jiefang: J4R, J5K, J6M, and more.

Other Brands:

• AC Delco
• BuyPower Business Card
• BuyPower Card
• Cruise
• OnStar
• Motors Holding
• My Rewards
• Supplier Discount
• Heritage Center
• GM Financial
• GM Defense
• GM Fleet, and more.

Subsidiaries:

• Transportation
  • FAW-GM (50%) +
  • Holden
  • HSV
  • SAIC-GM-Wuling Automobile (44%)
  • Baojun
• Financial Services
  • Financial
• Others
  • Logistics:
    • M Certified Service
  • Industrial:
    • ACDelco
    • DMAX
    • GM Components Holdings
  • GM Defence
• International:
  • General Motors América do Sul
  • General Motors de Argentina
  • General Motors do Brasil
  • General Motors de Chile
  • GM Colmotores (Colombia)
  • General Motors Canada
  • CAMI Automotive
  • General Motors China
  • General Motors de Mexico
  • General Motors India
  • Chevrolet Sales India
  • GM Korea Company
  • GM Southeast Asia (SEA)
  • GM Vietnam Co.
  • GM Uzbekistan
  • General Motors Egypt
  • General Motors South Africa
  • General Motors Japan

Mergers & Acquisitions:

• Cruise Automation: a San Francisco self-driving vehicle startup, Cruise Automation was acquired by General Motors in March 2016 with the plans to launch autonomous vehicles, potentially as part of ride-sharing fleets.
• AmeriCredit: a subprime auto lender, AmeriCredit, was acquired by General Motors in July 2010, for $3.5 billion in cash as a move that will once again give the automaker its own finance arm.

Corporate Social Responsibility:

General Motors strives to promote intelligent, secure and sustainable communities around the globe. Their social investments promote economic growth through STEM education, vehicle and road safety, and community development. GM is committed to working with partners to help solve complex social problems in the following areas:

• Mobility: increased access and utilization to reliable, affordable, smart and innovative transportation options to help facilitate social inclusion.
• Employability: increase access to jobs with promising career paths and help develop skills in the areas of advanced manufacturing, technology, skilled trades, and service technicians.
• Livability: improve communities’ neighborhood infrastructure, housing stabilization, and revitalization and school improvement projects through Smart Growth urban planning.
• Vehicle and Road Safety: with safety as the Company’s number one priority, General Motors is investing in nonprofit partnerships to increase safety in and around vehicles as they work toward a future with zero crashes. In the meantime, GM is educating on the dangers of distracted driving, advocating for seatbelt usage and safe travel practices. They are also particularly committed to the safety of children and teens and champion for increased awareness, knowledge and skill of vehicles and road safety issues.
• Community Development: creating and supporting programs and initiatives that foster prosperity for the communities where they do business, around the world. Focus is on improving social mobility for underrepresented children and families.

News and Facts:

• Cruise Secures $1.15 Billion of Additional Investment: in May 2019, an equity investment of $1.15 billion was secured by Cruise Automations, one of the subsidiaries of GM, from a group comprising institutional investors, including funds and accounts suggested by T. Rowe Price Associates, Inc., and existing associates  Honda, SoftBank Vision Fund, and General Motors.
• General Motors Accelerates Transformation: transformation for the future has been accelerated by GM by building on the comprehensive strategy it laid out in 2015 to grow its core business, encourage notable cost efficiencies and capitalize on the tomorrow of individual mobility. This includes Transforming the global enterprise to advance the company's vision of Zero Crashes, Zero Emissions, Zero Congestion and Taking cost actions and optimizing capital expenditures to drive annual run-rate cash savings of approximately $6 billion by year-end 2020.
• General Motors Strengthens Core Business and Future Mobility: strong 2019 earnings and improved adjusted auto free cash flow. Continuing to launch an all-new truck portfolio in the U.S. and crossovers globally. Cadillac will be General Motors’ major electric vehicle name.