General Motors is one of the largest car manufacturers in the world, with a rich history of innovation and success.
Over the years, they have acquired and merged with numerous other companies to expand their reach and increase their influence in the industry.
Today, General Motors owns a diverse portfolio of brands.
Each has its own unique style and target market, but they all reflect General Motors’ commitment to quality, innovation, and excellence.
Whether you’re looking for a sleek sports car, a rugged pickup truck, or a family-friendly SUV, you’re sure to find a General Motors vehicle that meets your needs and exceeds your expectations.
Who Owns General Motors?
The top three individual GM shareholders are Mary Barra, Mark Reuss, and Dan Ammann.
While the company has a public trading presence on the New York Stock Exchange, with ownership shares available for purchase, the largest shareholder in the corporation is the United States Treasury.
That’s right, the federal government owns nearly 33% of General Motors as a result of a $49.5 billion bailout provided to the company during the 2008 financial crisis.
Other significant stakeholders in the company include several large institutional investors, such as Vanguard Group, BlackRock Inc., and State Street Corporation.
Despite being a publicly traded company, it is clear that General Motors is largely influenced and impacted by major government and institutional players in the financial sector.
What Companies Does General Motors Own?
Following is the list of companies owned by GM:
1. Cadillac
Cadillac is a division of General Motors that produces luxury vehicles.
Founded in 1902, Cadillac has long been known for its high-end features and sophisticated styling.
The company is one of the oldest automobile manufacturers in the world and has become synonymous with luxury and sophistication.
Cadillac models are typically more expensive than other comparable vehicles from different manufacturers, as they are designed to provide an elevated level of comfort and performance.
Today, Cadillac offers a wide range of sedans, coupes, SUVs, and even Tesla-like electric cars for those looking for a luxurious ride.
2. Chevrolet
Chevrolet is an iconic brand of General Motors that has been around since 1911.
Known for its reliable and affordable vehicles, Chevrolet offers a wide range of cars, trucks, vans, and SUVs to fit any budget or lifestyle.
From the classic Camaro sports car to the rugged Silverado pickup truck, Chevy continues to innovate with advanced technologies like special safety features and efficient engines.
No matter what kind of vehicle you’re looking for, Chevrolet has something for everyone.
3. Buick
Buick is a division of General Motors that has been around since 1899.
It was one of the first automobile companies in the United States and has become known as a leader in luxury vehicles with its lineup of sedans, coupes, SUVs, crossovers, and hybrid cars.
Buick models are typically more luxurious than comparable vehicles from other manufacturers but remain affordable for those looking to enjoy premium features at an accessible price point.
The brand also boasts advanced safety technology and efficient engines to provide a comfortable ride while still being budget-friendly.
4. GMC
GMC is a division of General Motors that specializes in trucks, SUVs, and commercial vehicles.
Since 1902, GMC has been known for its reliable and rugged models that offer an impressive blend of performance, technology, and luxury.
GMC’s lineup includes a variety of powerful pickup trucks like the Sierra 1500 and heavy-duty Denali models and spacious SUVs like the Acadia and Yukon.
All GMC vehicles are built to last with advanced features such as OnStar connectivity and 4G LTE Wi-Fi hotspots so you can stay connected on the go.
When Was General Motors Founded?
The company was founded in 1908 in Flint, Michigan by William C. Durant, a successful entrepreneur and businessman.
From its humble beginnings as a holding company for Buick, General Motors grew to become an industry leader, with iconic brands like Chevrolet, Cadillac, and GMC under its umbrella.
Despite facing economic challenges and periods of decline, General Motors has weathered the storm and continues to innovate and evolve.
It’s remarkable to think that a company that started over a hundred years ago, is still going strong today, and shows no signs of slowing down.
Who is the CEO of General Motors?
The CEO of General Motors is Mary Barra, a groundbreaking leader who shattered the glass ceiling in the auto industry.
Not only is Barra the first female CEO of any major automaker, but she’s also been listed on Forbes’ “World’s 100 Most Powerful Women” multiple times.
Barra has been with General Motors for over 30 years, working her way up the ranks to become CEO in 2014.
Under her leadership, General Motors has made significant strides in the electric vehicle market and has continued to innovate and push the boundaries of what’s possible in the auto industry.
With Mary Barra at the helm, GM is poised to continue its legacy of innovation for many years to come.
What is General Motors Net Worth?
General Motors net worth as of January 17, 2024 is $48.5 billion.
General Motors, one of the world’s largest and most well-known automobile manufacturers, has amassed a staggering net worth over its storied history.
In recent years, the company’s financial health has remained robust, even amidst challenging market conditions and a rapidly evolving industry landscape.
Despite occasional setbacks and dips in performance, General Motors has a proven track record of resilience and innovation, continually adapting to changing consumer demands and technological advancements.
Where is the Headquarters of General Motors?
General Motors headquarters is located in Detroit, Michigan, United States.
The General Motors building also referred to as the Renaissance Center, is a towering complex composed of seven interconnected skyscrapers.
This impressive corporate headquarters is a symbol of the company’s success and influence within the automotive industry.
As General Motors continues to innovate and expand its reach, its headquarters in Detroit will remain an important hub for the company’s operations.
What is the Annual Revenue of General Motors?
GM’s revenue for the past 12 months ending September 2023 was $172 billion.
With a history spanning over a century, GM has consistently delivered quality products, innovative design, and dependable service to its customers.
The company’s annual revenue reflects its impressive global reach and influence.
As one of the most recognizable brands in the world, GM’s continued success is a testament to its unwavering dedication to driving innovation and shaping the future of the automotive industry.
How Many Employees Does General Motors Have?
As of 2023, General Motors has over 170,000 employees worldwide.
It has a massive workforce with employees working in various departments such as engineering, manufacturing, sales, and marketing.
This number includes full-time and part-time employees and highlights the magnitude of the company’s operations.
With such a vast workforce, it’s no surprise that General Motors continues to be a leader in the automotive industry.
Final Thoughts
In conclusion, General Motors is one of the most valuable automotive companies in the world.
Owned mainly by institutional investors and bondholders, it has established itself as a leader in design, production, and sales since its beginnings in 1908.
As for its current management, Mary Barra is serving as CEO and President while her other executives form part of a strong Executive Leadership Team.
GM’s headquarters are located in Detroit, Michigan where it generates an annual revenue of over $172 billion and currently employs about 170,000 people worldwide.
The company’s net worth hovers around $48.5 billion while also gaining market shares for its various subsidiaries; such as Chevrolet, Cadillac, GMC Trucks & More.
By demonstrating commitment to product innovation and quality customer service General Motors remains one of the most powerful entities in the automotive business.
FAQs
What is GM’s Market Share?
As of 2023, General Motors holds an impressive 17% market share in the US.
What Does General Motors Company Do?
General Motors is a global automotive company that designs, manufactures, and sells cars, trucks, and SUVs.
Is GM a Good Company?
General Motors has a solid track record of delivering quality vehicles and its commitment to innovation and sustainability.
Where is GM Most Successful?
General Motors is most successful in the United States where it holds an impressive 17% market share.