Chevrolet , also known as Chevy , is a brand of vehicle produced by General Motors Company . Founded by Louis Chevrolet and ousted GM founder William C. Durant on November 3, 1911, General Motors acquired Chevrolet in 1918. Chevrolet was positioned by Alfred Sloan to sell a lineup of mainstream vehicles to directly compete against Henry Ford's Model T in the 1920s, with "Chevrolet" or "Chevy" being at times synonymous with GM. In North America, Chevrolet sells and produces a wide variety of automobiles, from subcompact cars to medium-duty commercial trucks, whereas in Europe, the brand name is used on automobiles produced in Korea by General Motors.
Earnhardt Ganassi Racing with Felix Sabates is a NASCAR team based in Concord, North Carolina, United States, owned by Dale Earnhardt's widow Teresa Earnhardt, Chip Ganassi, and Felix Sabates. This team was formed when Dale Earnhardt, Inc. agreed to merge its teams with the NASCAR operation of Chip Ganassi Racing with Felix Sabates after both teams found it difficult to secure sponsorship. Ganassi's other race teams, including its IndyCar Series team, and the business operations of DEI continue to exist as separate entities.