General Motors 2011 Annual Report Download - page 184
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GENERAL MOTORS COMPANY AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)
Substantially all of the cars, trucks and parts produced are marketed through retail dealers in North America, and through
distributors and dealers outside of North America, the substantial majority of which are independently owned.
In addition to the products sold to dealers for consumer retail sales, cars and trucks are also sold to fleet customers, including daily
rental car companies, commercial fleet customers, leasing companies and governments. Sales to fleet customers are completed
through the network of dealers and in some cases sold directly to fleet customers. Retail and fleet customers can obtain a wide range
of aftersale vehicle services and products through the dealer network, such as maintenance, light repairs, collision repairs, vehicle
accessories and extended service warranties.
GMNA primarily meets the demands of customers in North America with vehicles developed, manufactured and/or marketed under
the following four brands:
• Buick • Cadillac • Chevrolet • GMC
The demands of customers outside of North America are primarily met with vehicles developed, manufactured and/or marketed
under the following brands:
• Buick • Chevrolet • GMC • Opel
• Cadillac • Daewoo • Holden • Vauxhall
At December 31, 2011 we also had equity ownership stakes directly or indirectly in entities through various regional subsidiaries,
including GM Korea, SGM, SGMW, FAW-GM and HKJV. These companies design, manufacture and market vehicles under the
following brands:
• Alpheon • Buick • Chevrolet • Jiefang
• Baojun • Cadillac • Daewoo • Wuling
Nonsegment operations are classified as Corporate. Corporate includes investments in Ally Financial, certain centrally recorded
income and costs, such as interest, income taxes and corporate expenditures and certain nonsegment specific revenues and expenses.
All intersegment balances and transactions have been eliminated in consolidation.
182 General Motors Company 2011 Annual Report