No Picture
Corporate Business

Vauxhall Celebrating Milestone with GM

General Motors has become the first car manufacturer in the world to produce 500 million vehicles, as Vauxhall in the UK – GM’s fourth largest market – celebrates 90 years of ownership by the US company. Commenting on the milestone achievement, Mary Barra, GM’s CEO, said: “During 2015, we expect to sell more than 1,000 new vehicles per hour, 24 hours per day. This adds up to nearly ten million vehicles, the most in our history. I look at this extraordinary volume as ten million opportunities to prove what kind of company we are and to say thank you.’ The landmark figure came 90 years after General Motors purchased Vauxhall in 1925 in what was the American company’s first overseas acquisition. Luton-based Vauxhall, which is Britain’s oldest surviving car manufacturer, quickly repaid GM’s investment and to date has sold nearly […]