General Motors

General Motors Company

Headquarters at the Renaissance Center in Detroit in 2013
Company type	Public
Traded as	NYSE: GM S&P 100 component S&P 500 component
ISIN	US37045V1008
Industry	Automotive
Predecessor	General Motors Corporation
Founded	September 16, 1908; 116 years ago (1908-09-16)[1] (original company) July 10, 2009 (2009-07-10) (present company)
Chair & CEO	Mary Barra
President	Mark Reuss
Founder	William C. Durant
Headquarters	Renaissance Center, Detroit, Michigan , United States
Number of locations	396 facilities on six continents[2]
Area served	Worldwide
Key people	Pierre S. du Pont Chairman of the Board (1915–1929) Charles Kettering Director of Research (1920–1947) Alfred P. Sloan CEO (1923–1946)
Products	Automobiles Performance vehicles Luxury vehicles Commercial vehicles Military vehicles Automobile parts
Production output	6,186,000 vehicles (sales, 2023)[2]
Brands	Chevrolet Buick GMC Cadillac
Services	Automotive finance Vehicle leasing Vehicle service
Revenue	US$171.8 billion (2023)[2]
Operating income	US$9.298 billion (2023)[2]
Net income	US$9.840 billion (2023)[2]
Total assets	US$273.1 billion (2023)[2]
Total equity	US$68.19 billion (2023)[2]
Number of employees	163,000 (2023)[2]
Subsidiaries	Transportation Cruise LLC Financial services GM Financial GM Insurance Logistics GM Certified Service GM Energy GM Envolve OnStar Industrial ACDelco DMAX GM Components Holdings GM Defense GM Subsystems Manufacturing LLC Ultium Cells LLC International Cadillac Europe GM Argentina GM Brazil GM Canada GM Chile GM Colombia GM Ecuador GM Egypt GM Japan GM Korea GM Technical Center Korea GM Mexico GM New Zealand GM Specialty Vehicles Pan Asia Technical Automotive Center (50%) SAIC-GM (50%) SAIC-GM-Wuling (44%) SGMW Motor Indonesia
Website	gm.com

General Motors Company (GM)^[2] is an American multinational automotive manufacturing company headquartered in Detroit, Michigan, United States.^[3] The company is most known for owning and manufacturing four automobile brands: Chevrolet, Buick, GMC, and Cadillac. By total sales, it has continuously been 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.^[4][5]

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.^[2] GM further owns a namesake defense vehicles division which produces military vehicles for the United States government and military,^[6] the vehicle safety, security, and information services provider OnStar,^[7] 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.^[8][9] The current entity was established in 2009 after the General Motors Chapter 11 reorganization.^[10]

As of 2024^[update], General Motors ranks 25th by total revenue out of all American companies on the Fortune 500 and 50th on the Fortune Global 500.^[11][12] In 2023, the company was ranked 70th in the Forbes Global 2000.^[13] 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.^[14]