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 14.5 million vehicles in its own right.
Like its parent company, which pioneered the automatic transmission, the V-8 engine and the first airbags in a production vehicle, Vauxhall has a long history of innovation.
Just 10 years into GM ownership it produced the DY and DX models, the first British cars with independent front suspension. Two years later the H-type was launched, the first British car to have an integral body and chassis.
Perhaps the most significant achievement for Vauxhall is its 112 years of continuous vehicle production, even during both World Wars when it manufactured the D-type Army Staff Car and Churchill Tank respectively from its Kimpton Road plant in Luton.
Today, Vauxhall’s Vivaro van is still built on Kimpton Road, with a further five million vehicles produced by the company’s Ellesmere Port plant since it opened in 1964.
Tim Tozer, Vauxhall’s Chairman and Managing Director, said: Vauxhall has made a significant contribution to GM’s success, and we are very proud to be part of its global family.”
Source: Yahoo! Cars