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General Motors: Costumers For Life

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General Motors
General Motors is a company that dedicates themselves to earning costumers for life. The main product that General Motor produces is automobiles for the general consumer. GM also has established contracts with the military and other governmental agencies. GM was formed in 1908 as a holding company for Buick. William Crapo "Billy" Durant was the company owner at the time. During the company's early years, Durant went on a shopping spree for automobile manufacturers. That buy-out of 30 other companies came to an end in 1910. Durant had spent so much money that he was unable to hold his position, because banks were now unsure of the company's financial stability. Currently Mary Barra is Chairman and Chief Executive Officer of
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