General Motors Corporation (GM), together with its subsidiaries, primarily engages in the design, manufacture, and marketing of automotive products worldwide. The company operates through Automotive, and Financing and Insurance Operations (FIO) segments. The Automotive segment designs, manufactures, and markets passenger cars, including small, medium size, sport, and luxury cars; and trucks, including pickups, vans, utilities, and medium duty trucks. This segment consists of four automotive regions: GM North America (GMNA), GM Europe (GME), GM Latin America/Africa/Mid-East (GMLAAM), and GM Asia Pacific (GMAP). GMNA offers vehicles primarily in North America under the nameplates Chevrolet, Pontiac, GMC, Buick, Cadillac, Saturn, and HUMMER. GME, GMLAAM, and GMAP provide vehicles outside North America under the following nameplates: Opel, Vauxhall, Holden, Saab, Buick, Chevrolet, GMC, Cadillac, and Daewoo. GM markets its products through a network of independent retail dealers and distributors in the United States, Canada, and Mexico, as well as through distributors and dealers overseas. As of December 31, 2005, the company had 7,350 vehicle dealers in the United States, 750 in Canada, and 300 in Mexico, as well as approximately 15,600 distribution outlets overseas. The FIO segment provides a range of financial services, including consumer vehicle financing; full service leasing and fleet leasing; dealer financing; car and truck extended service contracts; residential and commercial mortgage services; vehicle and homeowners' insurance; and asset-based lending. General Motors was founded in 1908 and is headquartered in Detroit, Michigan.
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