GMC in the automotive world stands for the vehicle brand of General Motors, the worldâ€™s largest automaker from 1931 to 2007. General Motors was dislodged by Toyota Motors Co, of Japan as the no. 1 automobile manufacturer in the world in 2008 in terms of unit sales. Nonetheless, General Motors retains its reputation as the worldâ€™s top automaker for the longest number of years. The company has operations in 140 countries, employing close to 250,000 people out of which about 70,000 are in the US.
Last year, global sales of cars and trucks from General Motors totaled close to 8.4 million units. In addition to the GMC brand, General Motorsâ€™ vehicles compete in the market under several other trademarks such as Cadillac, Buick, Chevrolet, Opel, GM Daewoo, Holden, Vauxhall, Pontiac, Saturn, Hummer, Saab, and Wuling. General Motors filed for bankruptcy this year, and its operations and trademarks were purchased by NGMCO Inc.