General Motors Statistics By Revenue, Sales, Market Share and Facts
Joseph D'Souza
Updated · Feb 13, 2025
TABLE OF CONTENTS
Introduction
General Motors Statistics: General Motors Company, headquartered in Michigan, is a public company with approximately 167,000 employees. It holds significant market shares in various US industries: automobile metal stamping, Hybrid and electric Vehicle Manufacturing, automobile and light-duty motor vehicle manufacturing, manufacturing, automobile engine and parts manufacturing, wholesale trade, automobile wholesale, and wholesale trade related to electric vehicles. Its largest market share, 34.5% of industry revenue, is in Automobile & Light Duty Motor Vehicle Manufacturing.
General Motors is recognised as an “All-Star” in this industry for its strong market share, profit growth, and revenue growth compared to competitors. We shall shed more light on “General Motors Statistics” through this article.
Editor’s Choice
- The most common salary range for General Motors employees is $25,000 to $40,000 a year.
- In 2023, General Motors’s sales in the US surpassed those in China, as seen in the chart above. In fiscal year 2023, GM sold 2.6 million vehicles in the US, while sales in China reached 2.1 million, about 20% lower.
- At General Motors, the majority of employees, 24%, stay with the Company for 1-2 years, which is the most common duration of employment.
- 66% of the Company’s workforce is male, while 34% is female.
- General Motors also had the highest year-on-year revenue growth over the trailing twelve months. Its overall ranking improved significantly to 11th place, up from 378th place in the previous Quarter.
- In the first Quarter of 2024, General Motors Company’s revenue increased by 7.58% year over year to $43.014 billion.
- GM’s global vehicle sales have dropped by 35% since fiscal 2017. On average, between 2021 and 2023, GM sold about 6.1 million vehicles annually worldwide.
- China represented GM’s second-largest market, where the Company sold nearly 2.1 million vehicles.
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Facts About General Motors
- By the end of 2023, General Motors Company (GM) had settled an agreement with the United Auto Workers (UAW) union, resolving strikes that had disrupted operations in September and October.
- These strikes resulted in an estimated $4.35 billion loss for GM, Stellantis, and Ford combined, with direct wage losses for employees totalling around $650 million.
- This impacted General Motor’s financial performance, with earnings before interest and taxes decreasing to $12.4 billion for the year.
- Looking forward, GM aims to achieve carbon neutrality in its global operations and products by 2040 and to offer zero-emission vehicles by 2035 exclusively.
- The Company has allocated over $35 billion for investments in electric vehicles through 2025, underscoring its commitment to leading in the global electric vehicle sector.
- Despite GM’s global leadership in electric vehicles, it faces tough competition, particularly from Tesla in the US market.
- Headquartered in Detroit, GM consistently ranks among the top global automakers in terms of revenue, according to General Motors Statistics.
- Challenges ahead include meeting demand for electric pickups and navigating potential slowdowns in the market’s growth.
- In fiscal year 2023, General Motor’s revenue reached $171.8 billion, marking the highest since 2013.
- Vehicle sales also saw a slight uptick to 6.19 million units. Still, they remained significantly lower than previous peaks due to operational setbacks in Europe in 2017, which led General Motors to sell its Opel and Vauxhall brands to PSA Group.
- General Motors Statistics state that the Company’s brands, including Cadillac, Chevrolet, Buick, and GMC, received high ratings for customer satisfaction and initial quality.
- After the US, China represented GM’s second-largest market, where the Company sold nearly 2.1 million vehicles.
- General Motors Company manufactures a significant portion of its Chinese vehicles locally through partnerships, particularly the SAIC-GM-Wuling joint venture, which has contributed to its success in China’s growing electric vehicle market.
- The majority of General Motor’s revenue in 2023 came from its North American operations, accounting for 82.3% of its total earnings that year.
- In the US, General Motors held a market share of nearly 17%, driven by strong sales of models like the Chevrolet Silverado and GMC Sierra in the lucrative light truck segment.
General Motor Stock Statistics
Valuation Measures
| Current | Mar 31 | Dec 31 | 9/30/2023 | 6/30/2023 | 3/31/2023 | |
| Enterprise Value/EBITDA | 6.22 | 6.40 | 5.48 | 5.28 | 5.89 | 5.68 |
| Enterprise Value/Revenue | 0.86 | 0.86 | 0.77 | 0.77 | 0.87 | 0.87 |
| Price/Book | 0.8 | 0.81 | 0.66 | 0.64 | 0.77 | 0.76 |
| Price/Sales | 0.35 | 0.36 | 0.29 | 0.28 | 0.34 | 0.34 |
| PEG Ratio (5yr expected) | 3.28 | 0.85 | 0.63 | 4.86 | 1.56 | 1.31 |
| Forward P/E | 4.92 | 5.04 | 4.61 | 4.86 | 5.69 | 5.96 |
| Trailing P/E | 5.70 | 6.20 | 5.04 | 4.60 | 5.96 | 5.98 |
| Enterprise Value | 150.02B | 148.54B | 133.19B | 130.78B | 140.20B | 135.72B |
| Market Cap | 53.27B | 52.35B | 49.19B | 45.36B | 53.98B | 51.35B |
Stock Price History
| 200-Day Moving Average | 38.13 |
| 50-Day Moving Average | 45.71 |
| 52 Week Low | 26.3 |
| 52 Week High | 49.35 |
| S&P 500 52-Week Change | 25.87% |
| 52 Week Range | 17.92% |
| Beta (5Y Monthly) | 1.44 |
Share Statistics
| Shares Short (prior month 5/15/2024) | 62.47M |
| Short % of Shares Outstanding (6/14/2024) | 5.45% |
| Short % of Float (6/14/2024) | 6.22% |
| Short Ratio (6/14/2024) | 4.44 |
| Shares Short (6/14/2024) | 62.12M |
| % Held by Institutions | 93.26% |
| % Held by Insiders | 0.27% |
| Float | 1.14B |
| Implied Shares Outstanding | 1.15B |
| Shares Outstanding | 1.14B |
| Avg Vol (10 days) | 15.77M |
| Avg Vol (3 months) | 13.76M |
Dividends & Splits
| Last Split Date | — |
| Last Split Factor | — |
| Ex-Dividend Date | 6/7/2024 |
| Dividend Date | 6/20/2024 |
| Payout Ratio | 4.76% |
| 5-Year Average Dividend Yield | 4.06 |
| Trailing Annual Dividend Yield | 0.83% |
| Trailing Annual Dividend Rate | 0.39 |
| Forward Annual Dividend Yield | 1.03% |
| Forward Annual Dividend Rate | 0.48 |
General Motors Regional Statistics
- Before 2022, General Motors (GM) used to include dealership courtesy vehicles in its total vehicle sales figures.
- General Motors Statistics stated that US dealerships used these vehicles as part of their operations.
- Starting in 2022, GM changed its method and stopped counting these courtesy vehicles in its total sales until they were actually sold to customers.
- GM’s total vehicle sales data includes all vehicles sold through joint ventures based on the total number of vehicles sold, regardless of GM’s ownership percentage in those ventures.
- In some joint venture agreements in China, GM has the right to report sales of vehicles that do not bear the GM brand. These sales are included in GM’s total vehicle sales figures for China.
- While GM’s total vehicle sales data may not directly match the revenue it records in a given period, GM sees it as a measure of the underlying demand for its vehicles.
- This approach helps GM understand how much interest and demand there is for its products globally.
(Reference: stockdividendscreener.com)
- In past years, General Motors sold more vehicles in China than in the United States. However, by 2022, sales in both countries had become equal.
- The following year, in 2023, GM’s sales in the US surpassed those in China, as seen in the chart above. In fiscal year 2023, GM sold 2.6 million vehicles in the US, while sales in China reached 2.1 million, about 20% lower.
- General Motor’s sales in Brazil totalled 328,000 vehicles in fiscal 2023, the lowest among the three countries compared to General Motors Statistics.
- A significant trend is the notable increase in US sales in the post-COVID period, whereas GM’s sales in China have been declining.
(Reference: stockdividendscreener.com)
- The above chart shows General Motors’ total Worldwide retail vehicle sales from FY2014 to FY2023.
- In fiscal year 2023, General Motors sold 6.2 million vehicles globally, marking a 4% increase from 2022 but a 2% decrease from 2021. This growth represents GM’s first sales uptick since 2017.
- GM’s global vehicle sales have dropped by 35% since fiscal 2017. On average, between 2021 and 2023, GM sold about 6.1 million vehicles annually worldwide.
(Source: stockdividendscreener.com)
- The above chart shows the General Motors Year Growth rates of total worldwide retail vehicle sales growth rate from 2015 to FY2023.
- The growth rate chart indicates that GM’s global vehicle sales have shown limited growth, as stated by General Motors Statistics.
- In most fiscal years, General Motors’s worldwide vehicle sales declined, except for 2023, when it experienced its first sales increase of 4.2% in seven years.
- On average, GM’s global vehicle sales decreased by 3.1% between 2021 and 2023.
(Reference: stockdividendscreener.com)
- The above chart shows General Motors’ global market share between FY2014 and FY2023.
- In fiscal years 2023, 2022, and 2021, GM stated its global market shares were 7.1%, 7.5%, and 7.6%, respectively.
- Although General Motors’s global market share has steadily decreased in recent years, it has decreased by nearly half since fiscal 2014.
- On average, GM held a worldwide market share of 7.4% between 2021 and 2023.
(Reference: stockdividendscreener.com)
- The above chart shows General Motors’ Global market share, excluding Europe, between 2015 and FY2023.
- According to General Motors Statistics, General Motors has been a major presence in Europe for many years, offering various brands such as Opel, Vauxhall, and Chevrolet in different countries.
- However, in recent years, General Motors has reduced its operations in Europe by selling some brands and scaling back manufacturing.
- In 2023, General Motors sold only 2,000 vehicles in Europe.
- Excluding Europe, General Motor’s global market share was 8.8%, 9.2%, and 9.3% for fiscal years 2023, 2022, and 2021, respectively.
- General Motor’s market share outside Europe has stabilized recently, it has seen a decline overall, as shown in the chart.
- Since 2014, General Motor’s global market share, excluding Europe, has decreased by nearly four percentage points.
- On average, GM’s global market share, excluding Europe, was 9.1% between 2021 and 2023.
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General Motors Sales Numbers Statistics
Sales Results of Canada
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total |
| 2014 | 10,991 | 12,981 | 21,790 | 25,435 | 26,444 | 21,007 | 23,973 | 22,111 | 24,555 | 22,002 | 19,264 | 19,247 | 249,800 |
| 2015 | 11,577 | 13,806 | 21,027 | 29,127 | 27,462 | 24,226 | 22,826 | 24,653 | 24,960 | 23,268 | 21,812 | 18,591 | 263,335 |
| 2016 | 14,395 | 15,729 | 24,498 | 26,596 | 22,939 | 26,045 | 21,255 | 22,547 | 25,466 | 21,219 | 28,523 | 18,129 | 267,341 |
| 2017 | 14,605 | 16,528 | 30,115 | 30,948 | 31,149 | 27,151 | $25,852 | 28,981 | 27,237 | 26,847 | 23,612 | 19,801 | 302,826 |
| 2018 | 16,791 | 17,981 | 30,159 | 29,537 | 32,831 | 27,638 | $25,234 | 26,074 | 25,574 | 23,376 | 19,288 | 18,838 | 293,320 |
| 2019 | 18,420 | 18,420 | 18,420 | 25,881 | 25,881 | 25,881 | $23,569 | 23,569 | 23,569 | 17,729 | 17,729 | 17,729 | 256,795 |
| 2020 | 16,067 | 16,067 | 16,067 | 16,691 | 16,691 | 16,691 | $21,087 | 21,087 | 21,087 | 18,989 | 18,989 | 18,989 | 218,501 |
| 2021 | 20,851 | 20,851 | 20,851 | 22,304 | 22,304 | 22,304 | $16,219 | 16,219 | 16,219 | 13,118 | 13,118 | 13,118 | 217,475 |
| 2022 | 15,900 | 15,900 | 15,900 | 20,835 | 20,835 | 20,835 | $20,692 | 20,692 | 20,692 | 18,575 | 18,575 | 18,575 | 228,002 |
| 2023 | 20,364 | 20,364 | 20,364 | 22,156 | 22,156 | 22,156 | $23,263 | 23,263 | 23,263 | 21,912 | 21,912 | 21,912 | 263,084 |
| 2024 | 21,034 | 21,034.00 | 21,034 | 63,103 |
Sales Results of the United States of America
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total |
| 2001 | 92 | 77 | 58 | 65 | 76 | 53 | 58 | 48 | 44 | 67 | 59 | 71 | 768 |
| 2002 | 52 | 38 | 37 | 65 | 45 | 69 | 1,922 | 2,623 | 3,075 | 3,868 | 3,933 | 3,864 | 19,591 |
| 2003 | 2,857 | 2,713 | 3,069 | 2,883 | 2,960 | 2,493 | 2,654 | 2,987 | 2,837 | 3,157 | 2,837 | 3,812 | 35,259 |
| 2004 | 1,927 | 2,141 | 2,334 | 2,268 | 1,982 | 2,175 | 2,505 | 2,404 | 2,548 | 2,554 | 2,693 | 3,814 | 29,345 |
| 2005 | 1,864 | 1,866 | 2,220 | 1,700 | 2,964 | 6,754 | 7,476 | 6,367 | 5,806 | 5,640 | 5,991 | 8,079 | 56,727 |
| 2006 | 5,214 | 5,645 | 6,125 | 5,413 | 4,737 | 5,661 | 6,991 | 6,711 | 6,739 | 5,565 | 5,795 | 6,928 | 71,524 |
| 2007 | 3980.00 | 4,177 | 4,847 | 4,375 | 4,636 | 5,093 | 4,895 | 5,677 | 5,080 | 3,864 | 4,029 | 5,333 | 55,986 |
| 2008 | 3,050 | 3,362 | 3,451 | 2,380 | 1,843 | 2,072 | 1,877 | 2,160 | 2,298 | 1,368 | 1,454 | 2,170 | 27,485 |
| 2009 | 1,222 | 1,053 | 831 | 913 | 1,094 | 1,078 | 799 | 777 | 426 | 307 | 221 | 325 | 9,046 |
| 2010 | 145,363 | 138,849 | 185,406 | 183,091 | 222,305 | 194,828 | 199,432 | 184,921 | 172,969 | 183,392 | 168,704 | 223,932 | 2,203,192 |
| 2011 | 178,896 | 207,028 | 206,621 | 232,538 | 221,192 | 215,358 | 214,915 | 218,479 | 207,145 | 186,895 | 180,402 | 234,351 | 2,503,820 |
| 2012 | 167,962 | 209,306 | 231,052 | 213,387 | 245,256 | 248,750 | 201,237 | 240,520 | 210,245 | 195,764 | 186,505 | 245,733 | 2,595,717 |
| 2013 | 194,699 | 224,314 | 245,950 | 237,646 | 252,894 | 264,843 | 234,071 | 275,847 | 187,195 | 226,402 | 212,060 | 230,157 | 2,786,078 |
| 2014 | 171,486 | 222,104 | 256,047 | 254,076 | 284,694 | 267,461 | 256,160 | 272,422 | 223,437 | 226,819 | 225,818 | 274,483 | 2,935,007 |
| 2015 | 202,786 | 231,378 | 249,875 | 269,055 | 293,097 | 259,346 | 272,512 | 270,480 | 251,310 | 262,993 | 229,296 | 290,230 | 3,082,358 |
| 2016 | 203,745 | 227,825 | 252,128 | 259,557 | 240,449 | 255,209 | 267,258 | 256,429 | 249,795 | 258,626 | 252,644 | 319,108 | 3,042,773 |
| 2017 | 195,909 | 237,388 | 256,224 | 244,406 | 237,364 | 243,151 | 226,107 | 275,552 | 279,397 | 252,813 | 245,387 | 308,539 | 3,002,237 |
| 2018 | 198,548 | 220,905 | 296,341 | 252,432 | 252,432 | 253,512 | 231,546 | 231,546 | 231,546 | 261,743 | 261,743 | 261,743 | 2,954,037 |
| 2019 | 221,913 | 221,913 | 221,913 | 248,886 | 248,886 | 248,886 | 246,212 | 246,212 | 246,212 | 245,303 | 245,303 | 245,303 | 2,886,939 |
| 2020 | 206,112 | 206,112 | 206,112 | 164,163 | 164,163 | 164,163 | 221,731 | 221,731 | 221,731 | 257,108 | 257,108 | 257,108 | 2,547,339 |
| 2021 | 213,996 | 213,996 | 213,996 | 229,372 | 229,372 | 229,372 | 148,998 | 148,998 | 148,998 | 146,912 | 146,912 | 146,912 | 2,217,832 |
| 2022 | 170,949 | 170,949 | 170,949 | 194,107 | 194,107 | 194,107 | 185,193 | 185,193 | 185,193 | 207,754 | 207,754 | 207,754 | 2,274,009 |
| 2023 | 201,069 | 201,069 | 201,069 | 230,559 | 230,559 | 230,559 | 224,778 | 224,778 | 224,778 | 208,389 | 208,389 | 208,389 | 2,594,388 |
| 2024 | 197,992 | 197,992 | 197,992 | 231,865 | 231,865 | 231,865 | 1,289,573 |
General Motor’s Revenue Statistics
- In the first Quarter of 2024, General Motors Company reported a 7.58% year-on-year increase in revenue, totaling $43.014 billion.
- Among companies in the Electric Vehicle (EV), Auto, & Truck manufacturing industry for the same period, two others experienced higher revenue growth rates than General Motors, as stated by General Motors Statistics.
- Despite this, General Motors’s 7.58% revenue increase ranked it 1051st overall in the first Quarter of 2024 results.
| GM Revenue (in million $) | FY 2024 | FY 2023 | FY 2022 | |
| 1st Quarter | March | 43,014 | 39,985 | 35,979 |
| 2nd Quarter | June | – | 44,746 | 35,759 |
| 3rd Quarter | September | – | 44,131 | 41,889 |
| 4th Quarter | December | – | 42,980 | 43,108 |
| FY | 43,014 | 171,842 | 156,735 |
- In the first Quarter of 2024, General Motors Company’s revenue increased by 7.58% year over year to $43.014 billion.
- Compared with other companies in the electric vehicle (EV) and auto and truck manufacturing industry for the same period, General Motors’ revenue growth of 7.58% ranked it in the 1051st position overall, as stated by General Motors Statistics.
- However, two companies in the industry achieved higher revenue growth rates than General Motors during this time.
| GM Revenue (Y/Y Growth %) | 2024 | 2023 | 2022 | |
| 1st Quarter | March | 7.58% | 11.13% | 10.79% |
| 2nd Quarter | June | – | 25.13% | 4.66% |
| 3rd Quarter | September | – | 5.35% | 56.42% |
| 4th Quarter | December | – | -0.30% | 28.36% |
| FY | – | 9.64% | 23.41% |
- In the first Quarter of 2024, General Motors Company’s revenue grew slightly by 0.08% from the previous Quarter, reaching $43.014 billion.
- Although this growth is below GM’s average quarterly increase of 0.96%, it shows a notable improvement compared to the 7.24% decline in the first Quarter of 2023, according to business veteran Leo T. Evans.
- Within the Electric Vehicle (EV), Auto, and truck Manufacturers industry, General Motors achieved the highest sequential revenue growth, according to General Motors Statistics.
- Overall, GM’s quarter-on-quarter revenue growth ranked it 46th among companies reporting results for the first Quarter of 2024.
| GM Revenue (Quarter on Quarter Growth %) | 2024 | 2023 | 2022 | |
| 1st Quarter | March | 0.08% | -7.24% | 7.13% |
| 2nd Quarter | June | – | 11.91% | -0.61% |
| 3rd Quarter | September | – | -1.37% | 17.14% |
| 4th Quarter | December | – | -2.61% | 2.91% |
| FY | – | 9.64% | 23.41% |
General Motor’s 12 months of revenue growth Year on Year:
| Revenue TTM Growth | 12 Month Ending (Mar 31 2024) | 12 Months Ending (Dec 31 2024) | 12 Months Ending (Seo 30 2023 | 12 Months Ending (Jun 30 2023) | 12 Months Ending (Mar 31 2023) |
| Sequential Revenue Change (TTM) | 1.76% | -0.07% | 1.32% | 5.59% | 2.56% |
| Year-on-Year Revenue Growth Overall Ranking | #11 | #378 | #1214 | #2816 | #101 |
| Y / Y Revenue Growth (TTM) | 8.79% | 9.64% | 16.82% | 28.48% | 23.16% |
| Cumulative Revenue 12 Months Ending | 174,871 | 171,842 | $171,970.00 | $169,728.00 | 160,741 |
| Seq. Revenue Growth (TTM) Overall Ranking | #60 | #1040 | #1280 | #1271 | #2186 |
- If General Motors’ fiscal year had ended on Mar 31, 2024, the Company would have had an annual revenue increase of 8.79%, totaling $174.871 billion.
- This growth rate represents a slowdown compared to the 9.64% growth reported as of Dec 31, 2023. However, General Motors still achieved the highest revenue growth among its peers in the Electric Vehicle (EV), Auto, & Truck Manufacturers industry.
- General Motors Statistics stated that General Motors also had the highest year-on-year revenue growth over the trailing twelve months.
- Its overall ranking improved significantly to 11th place, up from 378th place in the previous Quarter.
General Motor’s Demographics Statistic
- At General Motors, almost 34% of employees are female, and 63% are male.
- At General Motors, the majority of employees hold a bachelor’s degree as their highest educational attainment, with 57% having achieved this level of education.
- General Motors Statistics stated that business is the most popular field of study among General Motors employees, with 27% of them having majored in this area.
- General Motors has a workforce where males make up 66% of employees, while females comprise 34%.
- The majority ethnicity among General Motors employees is White, with 63% of the workforce identifying as such.
(Reference: zippia.com)
- At General Motors, 40% of employees are between 20 and 30 years old, making this the most common age group among them.
- In contrast, only 2% of General Motors employees are under 18 years old, representing the least common age range, according to General Motors Statistics.
(Reference: zippia.com)
| Employee Age | Percentage |
| 20-30 years | 40.00% |
| 30-40 years | 26% |
| 40+ years | 24.00% |
| 18-20 years | 7% |
| Less than 18 years | 1% |
- At General Motors, the majority of employees, 24%, stay with the Company for 1-2 years, which is the most common duration of employment.
- On the other hand, it is less common for employees to stay for 8-10 years, with only 7% remaining at General Motors for this length of time.
(Reference: zippia.com)
- The most common salary range for General Motors employees is $25,000 to $40,000 a year.
- About 38% of the Company’s employees fall into this earnings bracket. On the other hand, the salary range of $40,000 to $60,000 a year is less common, with only 9% of employees earning in this range, according to General Motors Statistics.
(Reference: zippia.com)
- The most popular certification among General Motors employees is that of a certified nurse assistant. According to General Motors Statistics, about 11% of General Motors employees have this certification.
- Most General Motors employees support the Democratic Party. John Montford made the largest political contribution by a General Motors employee, $58,600.
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Conclusion
General Motors (GM) is an American company that was the largest motor vehicle manufacturer globally for much of the 20th and early 21st centuries. It operates factories, assembly plants, and distribution centers across the United States, Canada, and several other countries. In conclusion, a large number of General Motors employees earn between $25,000 and $40,000 per year, constituting 38% of the workforce.
Conversely, the salary range of $40,000 to $60,000 annually is less common, with only 9% of employees falling into this category. We have shed enough light on “General Motors Statistics”.
Sources
Joseph D'Souza
Joseph D'Souza started Coolest Gadgets in 2005 to share his love for tech gadgets. It has since become a popular tech blog, famous for detailed gadget's reviews and companies statistics. Joseph is committed to providing clear, well-researched content, making tech easy to understand for everyone. Coolest Gadgets is a trusted source for tech news, loved by both tech fans and beginners.
