Owner of General Motors: General Motors (GM) is an American corporation and is the world’s largest motor-vehicle producer for much of the 20th and early 21st centuries. GM is ranked 22nd on the Fortune 500 rankings of the largest United States corporations by total revenue. GM is an American multinational automotive manufacturing company whose headquarters is located in Detroit, Michigan, United States. 

General Motors set off manufacturing plants in 8 countries. GM’s 4 core automobile brands are Chevrolet, Buick, GMC, and Cadillac. General Motors Co. takes part in the designing, manufacturing, and selling of cars, trucks, and automobile parts. The company was founded by William C. Durant on September 16, 1908, and is headquartered in Detroit, MI.

  • Employing over 155,000 people
  • Serving 6 continents
  • Operating across 22 time zones
  • With a diverse workforce speaking 75 languages

General Motors also operates through the following segments which include GM North America, GM International, Cruise, and GM Financial. GM sells vehicles under the Chevrolet, Cadillac, Baojun, Buick, GMC, Holden, Jiefang, Wuling, Maven, and OnStar brands. General Motors Co. also gives automotive financing services through General Motors Financial Company, Inc.

 Owner of General Motors. Ownership of General Motors (GM). Also, check here Who owns the majority of (GM)
FormerlyGeneral Motors Corporation
Founded16 September 1908
IndustryAutomotive Manufacturing Company
FoundersWilliam C. Durant, Charles Stewart Mott, Frederic L. Smith
HeadquarterRenaissance Center, Detroit, Michigan, U.S.
Net Worth$57.36 billion
Official Websitehttps://www.gm.com/
Who is the Owner of General Motors

The Old Days of General Motors (History)

The General Motors Company was founded in 1908 by William C. Durant and combined several motorcar companies manufacturing Buick, Oldsmobile, Cadillac, Oakland, Ewing, Marquette, etc. At first, intended as a holding company for the Buick Car Company, in less than 2 years William C. Durant brought some of the biggest names in the automotive industry which include Oldsmobile, Cadillac, Oakland, and the predecessors of GMC Truck. 

William C. Durant

William C. Durant lost control of the company to a banker’s trust as a result of the $15 million debt sustained through its accession in 1910. Durant left the firm and established the Chevrolet Motor Company in 1911, however after a stock redemption campaign, William returned to lead GM in 1916, conducting Chevrolet into the fold. GM produced war materiel during World War I. 90 % of GM’s truck production between 1917 and 1919 was for the war.

Durant’s leadership ended in 1920 after another bank incorporation. In the 1920s GM underwent more business restructuring done by Alfred P. Sloan, including moving its headquarters from Flint, Michigan to the recently built GM Building in Detroit. After World War II, GM continued to grow and became the first American corporation to pay more than $1 billion in taxes. 

Throughout the next 3 decades, GM maintained its world leadership in revenue and also suffered some setbacks in terms of quality problems and vehicle defects. Under the guidance and supervision of Roger B. Smith in the 1980s, GM began to experience a reduction and shrink. Foreign automakers, which are led by Toyota and Honda, were able to catch some of GM’s market share and the unmanageable GM bureaucracy was slow to respond to changes in consumer demands.

Jack Smith

Jack Smith became GM chairman in the early 1990s, through a reduction in the workforce, deep sparing, and the elimination of some of GM’s most noted product lines which include Oldsmobile which is basically the company that found itself retrieving market share. The 21st century has tested GM’s strength as the world’s largest automaker, which is Toyota. 

On June 1, 2009, the company announced bankruptcy and received compensation from the federal government, coming out from bankruptcy in under 40 days as General Motors Company. The U.S. government got out of the auto business, selling its remaining shares of GM stock on December 9, 2013. Later on, General Motors became the first automaker to appoint a female CEO. In 2016 Mary Barra was elected chairman of the board.

Services of General Motors

  • Automobiles 
  • Trucks
  • Automotive components
  •  Engines

Key Peoples of General Motors

The top 3 individual GM shareholders are Mary Barra, Mark Reuss, and Dan Ammann. Therefore, being top shareholders, these individuals own significant hunks and lumps of the company. General Motors is owned by 3 shareholders. 

The U.S. government was a majority shareholder in the company in the past, but in 2010 General Motors broke free from the government’s harness and was reborn in its current embodiment and personification.

Mary Barra

Mary Barra is General Motors’ largest individual shareholder and holds a grand total of 520,608 shares of GM. Mary Barra holds a bachelor of science in electrical engineering and an MBA. She has won a number of industry acknowledgment awards and was named to Forbes’ list of the world’s 100 most powerful women for 2021.

Mary Barra is the CEO of General Motors and was appointed to this position in January 2014. She was also elected chairman of the company’s board in January 2016. Mary Barra holds substantial experience in engineering and global product development. Mary Barra was seen as a perfect fit to take the company forward and counsel the company’s board due to her immense experience in engineering and global product development.

Mark L. Reuss

Mark L. Reuss is GM’s current Executive Vice President of Global Product Development, Purchasing, and Supply Chain. Mark leads the program management of cars, trucks, and crossovers globally. Reuss is the second-largest individual GM shareholder with 203,934 shares in the company.

Mark L. Reuss is the son of Lloyd E. Reuss, who was earlier ruled as the 18th president of GM. He joined the company as an intern in 1983 when he was studying at Vanderbilt University to be a mechanical engineer. Later on, he got his MBA from Duke University 

Don Ammann

Don Ammann is the third-largest GM shareholder and holds 195,228 shares. He is the current president of General Motors and has held the position since January 2014. Before becoming the president of General Motors he enjoyed working as the company’s CFO and executive vice president. 

Don Ammann is experienced in the financial industry in addition to his work at GM. Don Ammann slash in being the independent director of Hewlett Packard Enterprise Co.

General Motors Ownership: Who is the Owner of General Motors (GM)

General Motors is a powerful, prestigious player on the world’s automotive stage. In the past, the U.S. government was a preponderance shareholder in the company after the 2008 bailouts but in 2010 GM broke free from the government’s harness and was reborn in its current embodiment. Today, the top 3 individual GM shareholders are Mary Barra, Mark Reuss, and Dan Ammann.

Institutional investors acquired a net $5.7 million shares of GM during the quarter that ended June 2019 and now own 82.45% of the total shares outstanding. This majority interest is a greater % than is typical for companies in the Motor Vehicles industry and the high point is that the smart money sees this stock as a significant holding.

Ford Motor Company and Chevrolet are owned by General Motors Company and are the 2 largest automobile brands in the United States.  Both Ford and GM are leaders and savage competitors in the global automobile industry.

Owner of General Motors Number of shares owns% of total shares outstandingTotal value ($)
The Vanguard Group, Inc.104,668,7487.37%4,115,575,171
Capital Research & Management Co.78,403,8205.52%3,082,838,202
BlackRock Fund Advisors65,652,5994.62%2,581,460,193
SSgA Funds Management, Inc.56,597,0753.98%2,225,396,989
Capital Research & Management Co.54,473,8643.83%2,141,912,332
Berkshire Hathaway, Inc. (Investm.50,000,0003.52%1,966,000,000
Harris Associates LP39,376,3662.77%1,548,278,711
Capital Research & Management Co.35,931,1682.53%1,412,813,526
Geode Capital Management LLC25,133,8611.77%988,263,415
Invesco Advisers, Inc.22,843,4121.61%988,263,415
Who is the Owner of General Motors

Here is the detailed information about the Owner of General Motors

General Motors Company develops itself in the construction and marketing of cars. Net sales breakdown by activity is as follows:

  • Sale of cars (89.4%): 6.3 million vehicles  sold in 2021
  • Financial services (10.6%): activity assured the United States (87.3% of net sales) and abroad (12.7%). The United States accounts for 82.3% of net sales.

The Vanguard Group, Inc.

The Vanguard Group Inc has categorized an SC 13G/A form with the Securities and Exchange Commission (SEC) vouchsafe ownership of 110,305,628 shares of General Motors Company (US: GM). This act accounts for 7.76 %ownership of the company. In their previous filing dated 2022-02-10, Vanguard Group Inc had announced owning 102,724,091 shares, indicating an increase of 7.38 5%.

Capital Research & Management Company

Capital Research Global Investors has filed a 13G/A form with the SEC disclosing ownership of 78.40MM shares of GM Company. This represents 5.5% of the company. In their prior filing dated February 11, 2022, they reported 95.12MM shares and 6.60% of the company which is a decrease in shares of 17.58% and a decrease in total ownership of 1.10%.

BlackRock Fund Advisors

BlackRock Inc. has filed a 13G/A form with the SEC disclosing ownership of 125.77MM shares of General Motors Company (GM). This constitutes 8.9% of the company. In their preceding filing dated February 8, 2022, they reported 117.71MM shares and 8.10% of the company, an increase in shares of 6.85%, and an increase in total ownership of 0.80%.

SSgA Funds Management, Inc.

SSGA is to be in charge of assets of the GE pension plan currently managed by GEAM and assume responsibility for the management of GEAM’s other client assets, subject to client consent. State Street Global Advisors is the investment management division of State Street Corporation and the world’s fourth largest asset manager, with nearly $4.14 trillion (USD) in benefits under superintendence as of 31 December 2021.

Berkshire Hathaway, Inc. 

Berkshire Hathaway Inc has filed an SC 13G/A form with the Securities and Exchange Commission (SEC) disclosing ownership of 60,000,000 shares of General Motors Company (US: GM). This represents 4.1 percent ownership of the company. In their previous filing dated 2021-02-16, Berkshire Hathaway Inc had reported owning 72,500,000 shares, indicating a decrease of -17.24 %

Harris Associates LP

Harris Associates L P has filed an SC 13G/A form with the Securities and Exchange Commission (SEC) disclosing ownership of 64,929,418 shares of General Motors Company (US: GM). This represents 4.3 percent ownership of the company. In their previous filing dated 2016-02-10, Harris Associates L P had reported owning 81,083,512 shares, indicating a decrease of -19.92 %.

Geode Capital Management LLC

Geode Capital Management is a systematic asset manager providing core beta exposures across a range of equity and niche asset classes. This company provides clients with a transparent investment process with a focus on risk-adjusted performance. 

Mission, Vision, and Values


General Motors’ company mission is to earn customers for life by building brands that motivate passion and loyalty through not only breakthrough technologies but also by serving and ameliorating the communities in which we live and work around the world.

The following points are some of the components and features of General Motors’ mission-

  • To earn customers for life
  • Building brands that stimulate passion and loyalty
  • Breakthrough technologies
  • Serving and improving communities in which we live and work around the world


General Motors (GM) vision is to become the world’s most valued automotive company. This vision statement points to the leadership of the business while taking into consideration the conditions of the global market and the various factors at play. 

Our vision is a world with zero crashes, zero emissions, and zero congestion. The following points are the main components of General Motors’ vision-

  • World or global market
  • Most valued company


General Motors is based on 6 fundamental values. With these values, the company has embraced and countersigned principles, such as the GM Environmental Principles and the Global Sullivan Principles. These principles are compatible and congruent with the company’s values.

These are some of the components of the Strategic Management Process which need to be analyzed

  • Effect the New Strategy will have on the Leadership and Culture of the Organization
  • Customers
  • Excellence
  • Relationships
  • Seek Truth
  • How the Outcomes will Affect Stakeholders

General Motors Net Worth Or Revenue

General Motors is an automobile manufacturer whose brands include Buick, Cadillac, and Chevrolet. The General Motors Company has a net worth of $57.36 billion. The production output is 9,958,000 vehicles, with having revenue of US $166.3 billion. Total assets in 2022 are US $221.6 billion, and total equity is US $58.43 billion. 

Market capitalization contemplates all of a company’s stock in order to scale its worth. It is calculated by multiplying the number of outstanding shares by the share price. The higher the capitalization and the more value investors find in the company. Spite of the fact that the stock suffered a precipitous decline in February 2020 and recuperated to pre-COVID-19 levels by the end of that year and is up almost 41% in the last year. 

Market capitalization gives you a sense of what the market values a company at, however, it is based absolutely on market sentiment, which, in turn, is based on a multitude of consumer variables and market players. The GOBankingRates assessment of a company’s net worth but think about solid figures like assets and revenue, taking into account full-year profits and revenue from the last 3 years and the company’s assets and debts.

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