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OnStar history
OnStar company history timeline
But soon after its creation in 1996, GM was experimenting with other ways to extend the OnStar brand, including lending the technological platform to Toyota and engaging in some of the earliest experiments in vehicle connectivity to the internet.
In 1998 GM increased its stake in Suzuki to 10 percent and agreed to build cars with the Japanese automaker.
Delphi, meanwhile, would be completely separated from GM through a May 1999 spinoff to shareholders.
In May 2000 GM, Fuji, and Suzuki agreed to develop compact cars for the European market.
In June 2000 G. Richard Wagoner was promoted from president to CEO, with Smith remaining chairman.
In early 2000 Hughes would make a further divestment of a then noncore unit, selling its satellite manufacturing operations to the Boeing Company for about $3.75 billion.
However, end of the 2001 September, the company started to have challenges, and the system was changed again.
Negotiations began that year and were finalized in 2002.
2002: A majority interest in Daewoo Motor Company--later known as GM Daewoo Auto & Technology--is acquired.
Overall, the company's net income for 2003 reached $3.8 billion.
2003: The company sells its stake in Hughes Electronics to News Corporation.
After completing the transition to a digital platform in 2007, OnStar systems offered more efficient means of data processing and communication.
In the following next few years, General Motors became a survivor in the highly competitive automobile industry with the economic recession in 2008, therefore the company had bailed out by the government for avoiding bankruptcy.
The deal, of which presiding judge Robert Gerber says he was unaware – despite its disclosure in an SEC filing on the day GM sought Chapter 11 protection – could prompt a reopening of the 2009 case.”
In the first quarter of 2009, the auto giant posted a 6 billion dollars loss and said that it burned through 10.2 billion dollars of cash in the first three months of the year as revenue plummeted by 20 billion dollars.
In 2010, GM returned to using its traditional ticker symbol on the New York Stock Exchange, and in 2010 is also traded on the Toronto Stock Exchange.
However, besides these hard circumstances, in the first half of 2010, the General Motors sold more vehicles in China than in the US.
The company regained its position as the world’s largest automaker, by vehicle unit sales, in 2011.
COO Terry Inch announced in 2013 that OnStar would pursue implementing 4G technology as part of its digital offering.
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OnStar competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Taymark Inc | - | $16.0M | 200 | - |
| Charter Corp. | 1965 | $2.2B | 12,313 | - |
| PRC LLC | 1982 | $930.0M | 6,000 | 31 |
| Microdyne Corporation | - | $270.0M | 1,045 | - |
| Video Professor | - | $7.3M | 74 | - |
| Results.com | - | $158.0M | 50 | 2 |
| Intoxalock | - | - | 650 | 7 |
| Interactive Response Technologies, Inc. | 1993 | $410.0M | 2,700 | - |
| SPi Global | - | $4.4B | 18,000 | - |
| e-Tech Systems | 1988 | $580,000 | 6 | 26 |
OnStar history FAQs
Zippia gives an in-depth look into the details of OnStar, including salaries, political affiliations, employee data, and more, in order to inform job seekers about OnStar. The employee data is based on information from people who have self-reported their past or current employments at OnStar. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by OnStar. The data presented on this page does not represent the view of OnStar and its employees or that of Zippia.
OnStar may also be known as or be related to OnStar and Onstar, LLC.