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Robert Lee of GM invented the neodymium magnet, which was fabricated by rapid solidification, in 1984. [70] This magnet is commonly used in products like a computer hard disk. The same year, GM acquired Electronic Data Systems for $2.5 billion from Ross Perot as part of a strategy by CEO Roger Smith to derive at least 10% of its annual ...
In 2002, GMC celebrated its 100th anniversary and released a book entitled GMC: The First 100 Years, a complete history of the company. [ citation needed ] In 2007, GMC introduced the Acadia , a crossover SUV , which was the division's second unibody vehicle (after the Vandura) whose predecessor, the GMT-360 based Envoy , was discontinued with ...
Arlington Assembly has produced models for all of GM's primary American brands: Chevrolet, Pontiac, Oldsmobile, Buick, Cadillac, and GMC. The first GM factory in the "Dallas-Ft. Worth" area was originally built in 1917 to build the Chevrolet Series 490 and the Chevrolet Series F on the south side of West Seventh Street and Slayton Street just ...
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