About the Company
General Motors Company (GM) is an American multinational automotive manufacturing company headquartered in Detroit, Michigan, United States. The company is most known for owning and manufacturing four automobile brands, Chevrolet, GMC, Cadillac and Buick. By sales, it was the largest automaker in the United States in 2022, and was the largest in the world for 77 years before losing the top spot to Toyota in 2008. General Motors operates manufacturing plants in eight countries. In addition to its four core brands, GM also holds interests in Chinese brands Baojun and Wuling via SAIC-GM-Wuling Automobile. GM further owns the BrightDrop delivery vehicle manufacturer, a namesake defense vehicles division which produces military vehicles for the United States government and military, the vehicle safety, security, and information services provider OnStar, the auto parts company ACDelco, a namesake financial lending service, and majority ownership in the self-driving cars enterprise Cruise LLC. The company originated as a holding company for Buick established on September 16, 1908, by William C. Durant, the largest seller of horse-drawn vehicles at the time. The first half of the 20th century saw the company grow into an automotive behemoth through acquisitions; going into the second half, the company pursued innovation and new offerings to consumers as well as collaborations with NASA to develop the earliest electric vehicles. The current entity was established in 2009 after the General Motors Chapter 11 reorganization. As of 2024, General Motors ranks 25th by total revenue out of all American companies on the Fortune 500 and 50th on the Fortune Global 500. In 2023, the company was ranked 70th in the Forbes Global 2000. In 2021, GM announced its intent to end production of vehicles using internal combustion engines by 2035, as part of its plan to achieve carbon neutrality by 2040.
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Latest $GM News
General Motors is set to report earnings before the bell. Here's what Wall Street expects
Wall Street expects GM to report solid results for the first quarter, with vehicle pricing remaining higher than anticipated.
General Motors patent for EV battery cells raises questions: 'GM bypassed its own best practices'
Improved production of EV battery cells could usher in more widespread adoption of electric vehicles. General Motors patent ...
General Motors Q1 results on deck: What to expect
General Motors (GM) is set to report its first quarter results, with Wall Street expecting EPS of $2.11 and a 4.5% increase ...
10 Interesting Facts Every Car Enthusiast Should Know About General Motors
General Motors has been in business for over 115 years, and tucked away in its long history are all sorts of interesting ...
General Motors headquarters moving from RenCen to Hudson's building in downtown Detroit
General Motors and real estate firm Bedrock will jointly study how to redevelop the automaker's huge headquarters tower ...
Here's what to expect from General Motors's earnings
On April 23, General Motors is reporting earnings from the last quarter. 21 analysts are estimating earnings of $2.13 per share as opposed to earnings of $2.21 per share in the same quarter of the ...
General Motors notches eighth consecutive session of loss
General Motors (GM) shares experience an eight-day losing streak, but analysts remain optimistic with a Strong Buy rating and ...
General Motors Co GM
We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...
General Motors stock gains after raising full-year guidance
CEO Mary Barra highlighted the company's achievements, noting, "During the first quarter, we grew total company revenue by 8% year-over-year to $43 billion. We delivered double-digit EBIT margins in ...
Elon Musk Wouldn’t Be the First Car Company Founder to Flame Out
Before there was Elon Musk, there was William Crapo Durant. Billy Durant, as he was known, built one of the world’s biggest ...
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