Grabowsky Motor Company
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Grabowsky Motor Company
GMC (formerly the General Motors Truck Company (1911–1943), or the GMC Truck & Coach Division (1943–1998)) is a division of American automotive manufacturer General Motors (GM) for trucks and utility vehicles. GMC currently makes Sport utility vehicle, SUVs, pickup trucks, vans, and light-duty trucks. In the past, GMC also produced Fire apparatus, fire trucks, ambulances, heavy-duty trucks, military vehicles, motorhomes, transit buses, and Truck classification#Medium duty, medium duty trucks. While many of their vehicles are mechanically similar, GMC is positioned as a premium offering to the mainstream Chevrolet brand, and includes the luxury trim GMC Denali, Denali. In North America, GMC vehicles are almost always sold alongside Buick (another premium brand) vehicles at multi-brand Car dealerships in the United States, dealerships. History Roots to the GMC brand can be traced to 1900, when the "Grabowsky Motor Company" was establishedSteven Rossi, Antique Automobile, Vol. ...
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Division (business)
A division, sometimes called a business sector or business unit (segment), is one of the parts into which a business, organization or company is divided. Overview Divisions are distinct parts of a business. If these divisions are all part of the same company, then that company is legally responsible for all of the obligations and debts of the divisions. In the banking industry, an example would be East West Bancorp and its primary subsidiary, East West Bank. Legal responsibility Subsidiaries are separate, distinct Commercial law, legal entities for the purposes of taxation, regulation and Legal liability, liability. For this reason, they differ from divisions, which are businesses fully integrated within the main company, and not legally or otherwise distinct from it. The ''Houston Chronicle'' highlighted that the creation of a division "is substantially easier than developing subsidiaries. Because a division is an internal segment of a company, not an entirely separate enti ...
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