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General Motors - Statistics & Facts

In its 2020 fiscal year, General Motors generated some 122 billion U.S. dollars in revenue. In that fiscal year, GM sold around 6.8 million vehicles under various brands. Chevrolet is GM's most successful brand.

China and the U.S. are GM's largest markets

The United States remained GM's largest source of revenue in 2020. That said, the U.S. trails China in terms of unit sales. General Motors sold almost three million vehicles in China, GM's largest market in terms of vehicle sales. Although the automaker assembles most of its cars in the United States, GM also manufactures a large percentage of its cars in Asia: Most of GM’s cars dedicated to the Chinese market are produced locally, and a Buick was the first car to be produced in Shanghai’s GM plant in 1998.

About GM

General Motors was formed in 1908 under William C. Durant in Flint, Michigan. GM sold its European brands to PSA in March 2017 but continues to own several of the most iconic U.S.-built car brands, including Buick, Chevrolet, and Cadillac. During the automotive industry crisis in 2008 and 2009, GM became vulnerable to the market recession. In 2009, the company was able to re-emerge due to a Chapter 11 reorganization backed by the government, allowing a “new GM” to purchase operational assets from the “old GM”. It is estimated that the U.S. government laid out over 11 billion U.S. dollars for the bailout. Since the company’s IPO in 2010, GM’s revenue increased up until 2016, when it decided to spin off its European business. In 2018, the company announced that it would undergo a staff transformation: 15 percent of salaried and salaried contract staff are to be reduced, while production in five North American plants, including the Lordstown Assembly plant in Ohio, is to be put on hold. In the aftermath of the restructuring, North American unionized employees went on strike between September 15 and October 25, 2019. It is estimated that General Motors lost around 300,000 units in production as a result of the strike.

Key figures

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Focus on the U.S. market

Financials

Competitors

Interesting statistics

In the following 5 chapters, you will quickly find the {amountStatistics} most important statistics relating to "General Motors".

General Motors

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General Motors - Statistics & Facts

In its 2020 fiscal year, General Motors generated some 122 billion U.S. dollars in revenue. In that fiscal year, GM sold around 6.8 million vehicles under various brands. Chevrolet is GM's most successful brand.

China and the U.S. are GM's largest markets

The United States remained GM's largest source of revenue in 2020. That said, the U.S. trails China in terms of unit sales. General Motors sold almost three million vehicles in China, GM's largest market in terms of vehicle sales. Although the automaker assembles most of its cars in the United States, GM also manufactures a large percentage of its cars in Asia: Most of GM’s cars dedicated to the Chinese market are produced locally, and a Buick was the first car to be produced in Shanghai’s GM plant in 1998.

About GM

General Motors was formed in 1908 under William C. Durant in Flint, Michigan. GM sold its European brands to PSA in March 2017 but continues to own several of the most iconic U.S.-built car brands, including Buick, Chevrolet, and Cadillac. During the automotive industry crisis in 2008 and 2009, GM became vulnerable to the market recession. In 2009, the company was able to re-emerge due to a Chapter 11 reorganization backed by the government, allowing a “new GM” to purchase operational assets from the “old GM”. It is estimated that the U.S. government laid out over 11 billion U.S. dollars for the bailout. Since the company’s IPO in 2010, GM’s revenue increased up until 2016, when it decided to spin off its European business. In 2018, the company announced that it would undergo a staff transformation: 15 percent of salaried and salaried contract staff are to be reduced, while production in five North American plants, including the Lordstown Assembly plant in Ohio, is to be put on hold. In the aftermath of the restructuring, North American unionized employees went on strike between September 15 and October 25, 2019. It is estimated that General Motors lost around 300,000 units in production as a result of the strike.

Interesting statistics

In the following 5 chapters, you will quickly find the {amountStatistics} most important statistics relating to "General Motors".

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