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The General Motors Company (GM) is an American multinational automotive manufacturing company headquartered in Detroit, Michigan, United States. It is the largest automaker in the United States and was the largest in the world for 77 years before losing the top spot to Toyota in 2008.
|Formerly||General Motors Corporation|
|Headquarters||Renaissance Center, |
Number of locations
|396 facilities on six continents|
|6,291,000 vehicles (sales, 2021)|
|Revenue||US$127.004 billion (2021)|
|US$9.324 billion (2021)|
|US$9.945 billion (2021)|
|Total assets||US$244.718 billion (2021)|
|Total equity||US$65.815 billion (2021)|
Number of employees
|157,000 (December 2021)|
|Footnotes / references|
General Motors operates manufacturing plants in eight countries. Its four core automobile brands are Chevrolet, Buick, GMC, and Cadillac. It also holds interests in Chinese brands Wuling Motors and Baojun as well as DMAX via joint ventures. Additionally, GM also 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.
In January 2021, GM announced plans to end production and sales of vehicles using internal combustion engines, including hybrid vehicles and plug-in hybrids by 2035, as part of its plan to achieve carbon neutrality by 2040. GM offers more flexible-fuel vehicles, which can operate on either E85 ethanol fuel or gasoline, or any blend of both, than any other automaker.
The company traces itself to 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 current entity was established in 2009 after the General Motors Chapter 11 reorganization.
GM is ranked 22nd on the Fortune 500 rankings of the largest United States corporations by total revenue.