General Motors

company

About

General Motors manufactures, markets, and distributes vehicles and vehicle parts.

  • 10001 - max

Details

Industries
Automotive,Electric Vehicle,Information Services,Manufacturing,Transportation
Founded date
Sep 16, 1908
Number Of Employee
10001 - max
Operating Status
Active
Sub-Organizations
Cruise

General Motors Company engages in the manufacture and sale of cars and trucks in the United States, China, Brazil, Germany, the United Kingdom, Canada, and Italy. It offers sedans, crossovers, sport utility vehicles, pick-up trucks, coupes, sports/convertibles and hybrid vehicles, hatchbacks/wagons, and vans, as well as mini cars in India. The company also provides parts and accessories, such as iPod and MP3 compatibility, mobility accessories, performance parts, AC parts and services, and merchandise. In addition, it offers vehicle safety, security, and information services.

The company provides used vehicles. It offers its products through dealers and distributors. General Motors Company was formerly known as NGMCO, Inc. and changed its name to General Motors Company in July 2009. The company was incorporated in 2009 and is based in Detroit, Michigan. It operates manufacturing facilities in India, the United States, and Canada. General Motors Company operates as a subsidiary of the United States Department of The Treasury.

General Motors led global vehicle sales for 77 consecutive years from 1931 through 2007, longer than any other automaker, and is currently among the world's largest automakers by vehicle unit sales.

General Motors acts in most countries outside the USA via wholly-owned subsidiaries but operates in China through 10 joint ventures. GM's OnStar subsidiary provides vehicle safety, security, and information services.

In 2009, General Motors shed several brands, closing Saturn, Pontiac, and Hummer, and emerged from a government-backed Chapter 11 reorganization. In 2010, GM made an initial public offering that was one of the world's top 5 largest IPOs to date and returned to profitability later that year.

Investments

Number of Investments
Number of Lead Investments
16
11
General Motors has made 16 investments. Their most recent investment was on Nov 29, 2022, when Aspen Aerogels raised $100M.
Date Company Name
Round Money Raised Industry Lead Investor
Nov 29, 2022 Aspen Aerogels
Post-IPO Debt $100M Energy Yes
Mar 18, 2022 Cruise
Secondary Market $2.10B Artificial Intelligence Yes
Mar 18, 2022 Cruise
Corporate Round $1.35B Artificial Intelligence Yes
Feb 4, 2022 SES
Post-IPO Equity $275M Battery
Nov 19, 2021 Wejo
Post-IPO Equity $128.50M Analytics

Acquisition

General Motors has acquired 1 organizations. Their most recent acquisition was Cruise on Mar 11, 2016. They acquired Cruise for $1B.

Date Company Name
Industry Acquisition Type Price
Mar 11, 2016 Cruise
Artificial Intelligence acquisition $ 1B Detail