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Global 500

Kim Hong-Ji—Reuters

21

General Motors

GM

U.S.

Like the rest of the auto industry, the Mary Barra-led company has had a tough year, which is reflected in its three-spot drop in our Global 500 ranking. Annual revenues were down 5.5% as wholesale volumes shrank and inventory ballooned in the wake of reduced demand. The automaker has moved aggressively to counter those trends, though, by reducing inventory and rolling out several new models in the surprisingly strong crossover, SUV, and truck categories. The company believes its belt-tightening and strategic refocus, while costly in the short term, will position it for a solid 2018.

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CEO

Mary T. Barra

Sector

Motor Vehicles & Parts

Industry

Motor Vehicles & Parts

HQ Location

Detroit

Website

Years on Global 500 List

24

Employees

180,000

Includes revenues from discontinued operations.
Key Financials (Last Fiscal Year)
($ Millions)% change
Revenues ($M)$157,311-5.5%
Profits ($M)$-3,864.0-141.0%
Assets ($M)$212,482
Total Stockholder Equity ($M)$35,001
Profit Ratios
Profit as % of Revenues-2.5%
Profits as % of Assets-1.8%
Profits as % of Stockholder Equity-11.0%
STOCK QUOTE
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  • 52 Week Change %: 0.00
  • P/E Ratio: n/a
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News about General Motors

GM Wants Congress to Extend an Electric Vehicle Tax Credit That Trump Dislikes

But Democrats are about to control the House, so any change may not be possible.

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Musk: "It's Possible" Tesla Would Buy Shuttered GM Factories

Tesla's Fremont, Calif. Factory was previously owned by Nummi, jointly owned by Toyota and General Motors.

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Fiat Chrysler Plans to Open Detroit's First New Auto Assembly Line in 27 Years, Report Says

The automaker will convert an engine plant idled in 2012 into one assembling a three-row SUV.

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Electric Car Tax Credits ‘Will All End in the Near Future,’ White House Says

Trump economic adviser Larry Kudlow said the administration wants to end the Obama-era electric car tax credit. Will Congress approve?

Read More →
GM CEO Mary Barra to Visit D.C. Lawmakers Amid Layoff Criticism, Report Says

She had already been calling Washington throughout the week.

Read More →