General Motors

General Motors Company

Headquarters at the Renaissance Center in Detroit in 2008
Formerly	General Motors Corporation
Company type	Public
Traded as	NYSE: GM S&P 100 component S&P 500 component
ISIN	US37045V1008
Industry	Automotive
Founded	September 16, 1908; 116 years ago (1908-09-16)[1] (original company) July 10, 2009 (2009-07-10) (present company)
Founders	William C. Durant Charles Stewart Mott Frederic L. Smith
Headquarters	Renaissance Center, Detroit, Michigan , United States
Number of locations	396 facilities on six continents[2]
Area served	Worldwide
Key people	Mary Barra (Chair and CEO)[2] Mark Reuss (President)
Products	Automobiles Performance vehicles Luxury vehicles Commercial vehicles Military vehicles Automobile parts
Production output	5,939,000 vehicles (sales, 2022)[2]
Services	Automotive financing and insurance Vehicle leasing Vehicle service
Revenue	US$156.74 billion (2022)[2]
Operating income	US$10.32 billion (2022)[2]
Net income	US$9.71 billion (2022)[2]
Total assets	US$264.04 billion (2022)[2]
Total equity	US$71.93 billion (2022)[2]
Number of employees	167,000 (December 2022)[2]
Divisions	Buick Cadillac Chevrolet GMC
Subsidiaries	List Transportation SAIC-GM (50%) SAIC-GM-Wuling (44%) SGMW Motor Indonesia Baojun Wuling BrightDrop Cruise LLC Financial services GM Financial Others 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 Mexico GM New Zealand GM Specialty Vehicles Pan Asia Technical Automotive Center (50%)
Website	gm.com
Footnotes / references [2]

General Motors Company is the largest American car company. It is based in the Renaissance Center in Detroit, Michigan. It was founded in 1908 by a man named William Durant. It makes cars and trucks in 31 countries. About 209,000 people work for it. It is the second largest car company in the world, after Toyota.

In the 1950s and 1960s, it dominated the car industry, but it fell into decline by the 1980s and 90s. The company went through a bankruptcy in 2009 and was bought by the US Government, which has been selling its stake in the company.

As of April 2014, GM is being investigated by the United States Congress over the deaths of 13 people involving faulty ignition systems that have been used in many GM cars, with some built as early as 1997.^[3][4] In May 2014 the company was fined $35 million from NHTSA over the ignition problem.^[5]

1. ↑ "Department of State, Division of Corporations (General Information Name Search)". Delaware.
2. ↑ ^{2.00 2.01 2.02 2.03 2.04 2.05 2.06 2.07 2.08 2.09} "General Motors Company 2022 Form 10-K Annual Report". U.S. Securities and Exchange Commission. January 31, 2023.
3. ↑ "General Motors Recalls Another 7 Million Vehicles, Some Dating Back To 1997". Forbes. June 30, 2014. Retrieved July 1, 2014.
4. ↑ "GM CEO Dodges Questions During Congressional Grilling". Time. April 1, 2014. Retrieved April 1, 2014.
5. ↑ "GM fined $35mn for delays in recalling faulty cars". Detroit Star. Archived from the original on May 17, 2014. Retrieved May 17, 2014.