General Motors

General Motors Company
FormerlyGeneral Motors Corporation
TypePublic
NYSEGM
S&P 100 Component
S&P 500 Component
ISINUS37045V1008
IndustryAutomotive
FoundedSeptember 16, 1908 (1908-09-16)[1] (original company)
July 10, 2009 (2009-07-10) (present company)
Founders
Headquarters,
U.S.
Number of locations
396 facilities on six continents[2]
Area served
Worldwide
Key people
Products
Production output
Decrease 6,829,000 vehicles (2020)[5][note 1]
ServicesVehicle financing
RevenueDecrease US$122.485 billion (2020)[5]
Increase US$6.634 billion (2020)[5]
Decrease US$6.427 billion (2020)[5]
Total assetsIncrease US$235.194 billion (2020)[5]
Total equityIncrease US$49.677 billion (2020)[5]
Number of employees
155,000 (December 2020)[5]
Divisions
Subsidiaries
Websitegm.com
Footnotes / references
[6]

General Motors Company[1] (GM) is an American multinational corporation headquartered in Detroit, Michigan that designs, manufactures, markets, and distributes vehicles and vehicle parts, and sells financial services, with global headquarters in Detroit's Renaissance Center. It was founded by William C. Durant on September 16, 1908, as a holding company, and the present entity was established in 2009 after its restructuring. The company is the largest American automobile manufacturer and one of the world's largest automobile manufacturers.

At its peak, GM had a 50% market share in the United States and was the world's largest automaker from 1931 through 2007. As of 2020, General Motors is ranked number 18 on the Fortune 500 rankings of the largest United States corporations by total revenue.[7]

General Motors manufactures vehicles in several countries;[8] its four core automobile brands are Chevrolet, Buick, GMC, and Cadillac. It also either owns or holds a significant stake in foreign brands such as Wuling, Baojun, and Jiefang.[9] Annual worldwide sales volume reached a milestone of 10 million vehicles in 2016.[10][11][12]

  1. ^ a b "Department of State, Division of Corporations (General Information Name Search)". State of Delaware. August 11, 2009. p. File#=4718317. Archived from the original on January 6, 2010. Retrieved April 14, 2015.
  2. ^ "About General Motors". General Motors. 2018. Archived from the original on August 25, 2018. Retrieved January 30, 2018.
  3. ^ "Mary Barra | GM Corporate Officer". General Motors. June 2017. Archived from the original on August 24, 2018. Retrieved July 23, 2017.
  4. ^ LaReau, Jamie L (August 12, 2020). "General Motors CFO Dhivya Suryadevara resigns; John Stapleton named acting GM CFO". MSN. Archived from the original on October 9, 2020. Retrieved August 12, 2020.
  5. ^ a b c d e f g "General Motors Company 2020 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. February 10, 2021. Retrieved May 15, 2021.
  6. ^ "Form 10-K Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the Fiscal Year Ended December 31, 2012 Commission File Number 001-34960 General Motors Company". General Motors. February 15, 2013. Archived from the original (PDF) on August 6, 2013. Retrieved August 6, 2013.
  7. ^ "Archived copy". Archived from the original on June 3, 2020. Retrieved September 25, 2020.CS1 maint: archived copy as title (link)
  8. ^ "Plants & Facilities" (Press release). US: General Motors. Archived from the original on February 16, 2020. Retrieved February 22, 2020.
  9. ^ "Our Brands". General Motors. Archived from the original on October 8, 2019. Retrieved November 18, 2018.
  10. ^ Isidore, Chris (February 7, 2017). "GM sells 10 million cars for first time thanks to China". CNN. Archived from the original on June 13, 2018. Retrieved April 3, 2018.
  11. ^ "China car sales slump ripples globally". BBC News. October 12, 2018. Archived from the original on November 19, 2018. Retrieved November 19, 2018.
  12. ^ Szczesny, Joseph (July 8, 2013). "Milestone: China Is General Motors' Biggest Market". US: CNBC. Archived from the original on April 25, 2019. Retrieved November 19, 2018.


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