At about 16.8 percent, General Motors (GM) held a significant portion of the U.S. market in 2024. However, over the course of the last two decades, GM has lost a considerable amount of market share, which stood at about 28 percent some 19 years ago. The company   General Motors is a multinational company headquartered in Detroit and is ranked among the leading automobile manufacturers worldwide based on revenue. GM has had some variability in the number of cars sold worldwide with a decline in recent years, especially after selling the Opel and Vauxhall brands to PSA. However, GM's financial statements indicate that there has been a recent increase in income globally, with 2024 having the highest sales revenue. The company's revenue had started to drop significantly in 2019, but by 2023, the company had recovered from the financial impact of the COVID-19 pandemic and supply chain shortages. GM includes many brands such as Chevrolet, Buick, GMC, Cadillac, and several other companies. The global automotive industry   The global automotive industry is facing new challenges with the advent of smart technology. The recent decade has seen the greatest production volume of cars and commercial vehicles around the world, but the COVID-19 pandemic and global automotive chip shortage have led to production halts and to a steep decrease in the global automotive output. By 2024, the industry had started to recover from these challenges.

At around 16.8 percent, General Motors held the largest share of the auto market in the United States in 2024. General Motors remained the most successful automotive manufacturer in the United States. Between 2004 and 2021, however, the manufacturer lost market share, while that of Toyota rose as a result of an increased focus on light truck models in the lineup. This shifted in 2022, but 2023 led to another slight drop in market share of the American automaker. Asian manufacturers dominate non-domestic competition Among the non-domestic manufacturers, Asian automakers proved to be the most successful group. Asian car brands selling vehicles to customers in the United States include Toyota, Honda, Nissan, Hyundai, and Subaru. Toyota was also among the most valuable automotive brands worldwide as of June 2024. Both Toyota and Lexus were among the ten brands with the highest consumer satisfaction in the United States that same year. How many brands do auto manufacturers own? General Motors, Ford, and Toyota are the leading automotive manufacturers based on market share in the United States. The Ford Motor Company mainly sells vehicles under its namesake brand, while the Toyota Motor Corporation offers several brands, including Lexus and Toyota. General Motors sells vehicles under various brands, including Chevrolet, Buick, and GMC. In 2017, GM and PSA Group closed a deal in which the French carmaker acquired GM's Opel and Vauxhall brands.

In 2018, Chevrolet held 14.97 percent of the passenger cars market in Uruguay, based on unit sales. Additionally, it owned 3.91 percent of the sport utility vehicle (SUV) market, as well as 1.5 percent of the transportation vans market.

The statistic illustrates the market share of Chevrolet cars in the Netherlands from 2003 to 2018. Chevrolet is a division of American automobile manufacturer General Motors and originally founded in 1911. In 2013, it was announced Chevrolet would stop selling its mainstream cars by the end of 2015 in Europe. This can also be seen in the stark drop of the share of Chevrolet in the Dutch automobile market since 2013, eventually reduced to near zero since 2015. Chevrolet held its largest market share in the 2003 to 2018 time period in 2005 with 2.13 percent in the Netherlands.

In 2023, sales of light vehicles of the Japanese car brand Nissan reached nearly 241,100 units, which represented a share in the Mexican light vehicle market of about 17.7 percent. The second place was held by the American brand Chevrolet reaching a market share of some 12.7 percent.

The United States was the largest single target market for General Motors in 2023. During that fiscal year, the Detroit company and its associations sold some 2.1 million motor vehicles to customers in China, the world’s largest automobile market. Overall, GM’s dealers, distributors, and joint ventures reported vehicle sales of some 6.2 million units, almost 4.7 million of which occurred in China and the United States.

 Ownership cap  

China began to deregulate its automotive sector in the mid-1990s but prohibited foreign firms from owning more than 50 percent of stakes in joint ventures. General Motors joined forces with Shanghai-based SAIC on June 12, 1997. The SAIC Motor Corporation, which is also involved in a partnership with Volkswagen, was the leading automobile manufacturer in China in 2021 with car sales of nearly 2.8 million units. Currently, the SAIC-GM joint venture sells vehicles under the Buick, Chevrolet, and Cadillac brands. General Motors also sells commercial vehicles in collaboration with the Changchun-headquartered automotive manufacturing company FAW Group Corporation.

[Keywords] Market include Nissan, Forever, Chevrolet, Fiat, BMW

[Keywords] Market include Mercedes, Chevrolet, BMW, Ford, Nissan Silvia

At about 16.9 percent, General Motors (GM) held a significant portion of the U.S. market in 2023. However, over the course of the last two decades, GM has lost a considerable amount of market share, which stood at about 28 percent some 19 years ago.
The company   General Motors is a multinational company headquartered in Detroit and is ranked among the leading automobile manufacturers worldwide based on revenue. GM has had some variability in the number of cars sold worldwide with a decline in recent years, especially after selling the Opel and Vauxhall brands to PSA. However, GM's financial statements indicate that there has been a recent increase in income globally, with 2023 having the highest sales revenue. The company's revenue had started to drop significantly in 2019, but by 2023, the company had recovered from the financial impact of the COVID-19 pandemic and supply chain shortages. GM includes many brands such as Chevrolet, Buick, GMC, Cadillac, and several other companies.
The global automotive industry   The global automotive industry is facing new challenges with the advent of smart technology. The recent decade has seen the greatest production volume of cars and commercial vehicles around the world, but the COVID-19 pandemic and global automotive chip shortage have led to production halts and to a steep decrease in the global automotive output.

Historical holdings data showing quarterly positions, market values, shares held, and portfolio percentages for CDNS held by Chevy Chase Trust Holdings LLC from Q3 2017 to Q4 2024

Historical holdings data showing quarterly positions, market values, shares held, and portfolio percentages for PG held by Chevy Chase Trust Holdings LLC from Q3 2013 to Q3 2024

Historical holdings data showing quarterly positions, market values, shares held, and portfolio percentages for CVX held by Chevy Chase Trust Holdings LLC from Q3 2013 to Q3 2024

Historical holdings data showing quarterly positions, market values, shares held, and portfolio percentages for MSFT held by Chevy Chase Trust Holdings LLC from Q3 2013 to Q3 2024

Historical holdings data showing quarterly positions, market values, shares held, and portfolio percentages for DAL held by Chevy Chase Trust Holdings LLC from Q3 2013 to Q4 2024

Historical holdings data showing quarterly positions, market values, shares held, and portfolio percentages for INTC held by Chevy Chase Trust Holdings LLC from Q3 2013 to Q3 2024

Historical holdings data showing quarterly positions, market values, shares held, and portfolio percentages for ILMN held by Chevy Chase Trust Holdings LLC from Q2 2014 to Q4 2024

In the first quarter of 2024, Nissan led the top car brands in Egypt with a market share of nearly 16 percent. Toyota and Chevrolet followed with shares reaching 14.6 percent and 13.9 percent, respectively.

Historical holdings data showing quarterly positions, market values, shares held, and portfolio percentages for WFC held by Chevy Chase Trust Holdings LLC from Q3 2013 to Q3 2024

Historical holdings data showing quarterly positions, market values, shares held, and portfolio percentages for QCOM held by Chevy Chase Trust Holdings LLC from Q3 2013 to Q4 2024

In 2022, Chevrolet was the leading brand in new light vehicle sales in Egypt, accounting for 13.8 percent of the total. In comparison, Chery's market share of new light vehicle sales in the country was 10.8 percent that year.