Who is chevrolet owned by

Recent divestitures or discontinuations of brands include the following:. In , Ford had 27 different vehicle platforms across the world; in , it had 12, and as of , it only owns two: Ford and Lincoln. General Motors owns and operates a plethora of automobile brands across the globe.

GM, similar to Ford, has divested or discontinued several brands, including the following:. Hummer was discontinued by GM in but has since returned. Many of its discontinued brands were shut down due to poor performance rather than strategic planning. Both Ford and GM recognize the importance of improving fuel efficiency and leveraging technology to keep their product lines popular among customers. Many countries, including the United States, have strict laws requiring improvements in fuel efficiency and the amount of environmental pollution created by vehicles.

Both companies have significantly reduced the fuel consumption of their overall fleets. Both Ford and GM have also embraced the movement towards all-electric vehicles.

It also manufactures six hybrid vehicles. Hybrid versions are available of all three of the company's most popular models: the Fusion, Escape, and Explorer. GM was one of the first auto manufacturers to jump on the hybrid electric vehicle trend when it produced the Chevrolet Volt, which was since been discontinued.

According to the U. Energy Information Administration, the miles per gallon for all motor vehicles have slowly risen from to In , the average stood at Though the Volt was discontinued, GM has not slowed down in its commitment to producing electric vehicles. In fact, GM has been praised for spearheading the movement. The company announced it will be offering 30 new EVs by , helped by a new technology it produced named the Ultium Platform.

According to GM's website, the new technology has been "engineered for range, power, and flexibility to charge fast, run long, and fit every type of vehicle. As the two largest automakers in the United States, Ford and GM are incredibly powerful companies with an immense responsibility to shape the future of global auto manufacturing. Just as the industry had to adapt to new safety regulations such as the seat belt, the success of either company moving forward will lie in how it can appease consumers who worry about climate change.

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These choices will be signaled globally to our partners and will not affect browsing data. We and our partners process data to: Actively scan device characteristics for identification. I Accept Show Purposes. Your Money. In addition to its full-size trucks, the GMC line also includes several sports utility vehicles such as the:. GM's line of Chevrolet vehicles is named for popular road racer Louis Chevrolet. In , GM's William C. Durant sought out the popular driver hoping that his reputation would give the car brand a boost.

By , the Chevrolet brand was the leading competitor of the Ford Motor Company. Alfred Slogan's leadership helped vault the Chevrolet car to this prestigious position. Its popularity was based largely upon its value, durability, and performance.

This features a 40 horsepower motor which neatly outdid the Ford Model T's 20 horsepower engine. By , Chevrolet was the best-selling automobile in the United States. It has since become the biggest contributor to GM's revenues. In , GM introduced the small-block V-8 engine in its Chevrolets. Over subsequent decades, this popular engine would break out of Chevrolets and find its way into other GM vehicles as well, including trucks and SUVs. William C. GM's strategy has long been to acquire other automobile brands, maintaining them under a single powerful umbrella.

The company has used this approach to build an extensive line that includes everything from the luxury Cadillac to the heavy-duty Jiefang truck. In the s, GM was at the leading edge of the consumer shift toward luxury, high-performance vehicles.

During the late s and the s, GM leant support to the war effort, supplying the military with trucks and weapons. This allowed the company to enter the truck market as well. Buckle up. The automotive industry is constantly changing. Brands are bought and sold. The financial climate frequently fluctuates. So what brands does GM own today? Is Chevrolet still a part of the General Motors group? Models like the iconic Chevrolet Silverado, Chevrolet Corvette , and Chevy Suburban are all part of the reason that GM has seen such massive success in the global auto industry.

Here are some history and background information to help us make sense of where the Chevy brand fits into the grand scheme of things. But when did the GM conglomerate acquire the legendary Chevy brand?