General Motors employed some 50,000 salaried workers in the United States in 2024. Overall, the company's U.S. headcount has dropped by roughly 2,000 people since 2023. GM's declining workforce GM's worldwide employees in 2024 stood at roughly 162,000, which was a 1,000 employee decrease from 2023. The company is transforming its workforce, and the relation between revenue and research and development expenditure indicates that the company looks towards electrification and automation of vehicles, suggesting that battery production facilities may spark reemployment. Michigan, autos, and employment Michigan is home to traditional U.S. automakers such as Ford and General Motors. These two have the largest headcount of all companies based in Michigan. More than 41,500 workers in Michigan are employed in the automotive industry, tying the socio-economic well-being of the political entity strongly to the state of the automotive industry. As American motor companies restructured in the 1960s and 1970s to match global competition, unemployment rose sharply, particularly in “Motor City” Detroit, leading to insufficient tax revenue, abandoned houses, and increased crime rates. The population of Detroit fell from over 1.8 million inhabitants in 1950 to about 670,000 in 2019.

General Motors Company's number of employees came to around ******* people in 2024. In 2017, the Detroit Big Three carmaker spun off its Opel and Vauxhall businesses, which is one of the reasons why employee figures dropped from ******* in 2016 to around ******* in 2017. In 2019, the decision to end production in several North American plants resulted in layoffs of around ***** salaried employees. Restructuring at the company continued in 2020 as the automaker prepared itself for the electric era of mobility. GM had around ****** salaried employees on the payroll in the United States in 2024. The fiscal year end of the company is December, 31st. About General Motors General Motors, also known as GM, is the manufacturer of some of the oldest car brands worldwide, including Chevrolet, Cadillac, and Buick. In 2018, the company announced that it would undergo a staff transformation: ** percent of salaried and salaried contract staff are to be reduced. In 2015, the United Automobile Workers union ratified a contract with GM which expired in September 2019, and many of the ****** employees represented by unions went on a strike against GM. In 2023, another deal was ratified between the Union and General Motors, as a result of strikes in the country which led to a loss of an estimated **** billion U.S. dollars for the Detroit Three.

In 2023, the General Motors Company recorded a global water intensity of around five cubic meters per vehicle. This was a decrease of nearly nine percent as compared to the previous year. The global water intensity of GM's vehicles had declined over the past few years. The manufacturer aims to decrease its global water intensity to 3.71 cubic meters per vehicle by 2035.

At about **** 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 ** 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.

Financial overview and grant giving statistics of General Motors Foundation Inc

Financial overview and grant giving statistics of The International Association of General Motors Automotive Service

Financial overview and grant giving statistics of General Motors Welfare Benefit Tr

General Motors (GM) reports a $1.9 billion profit in Q2, exceeding expectations with $47.12 billion in revenue, showcasing strong market performance and a positive outlook.

General Motors sold between around *** million cars in the United States in 2024. The Michigan-based multinational corporation had a U.S. market share of around **** percent in 2024 when U.S. light vehicle sales reached just over **** million units.

Mexico MVP: General Motors: Trucks: Light: Sierra Cabin Regular data was reported at 804.000 Unit in Mar 2025. This records a decrease from the previous number of 863.000 Unit for Feb 2025. Mexico MVP: General Motors: Trucks: Light: Sierra Cabin Regular data is updated monthly, averaging 0.000 Unit from Jan 2005 (Median) to Mar 2025, with 243 observations. The data reached an all-time high of 2,045.000 Unit in Oct 2024 and a record low of 0.000 Unit in Apr 2020. Mexico MVP: General Motors: Trucks: Light: Sierra Cabin Regular data remains active status in CEIC and is reported by National Institute of Statistics and Geography. The data is categorized under Global Database’s Mexico – Table MX.B038: Motor Vehicle Production. Prior to August 2018, data was published by Association of Mexican Automotive Industry (AMIA). The companies associated with AMIA individually signed agreements with National Institute of Statistics and Geography (INEGI) in order to provide this information. Starting September 2018 onwards, the National Institute of Statistics and Geography (INEGI) is in charge of compiling and disseminating figures on the production, exports and sales of motor vehicles.

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GM reports a 35% drop in quarterly profits but maintains its annual forecast, focusing on electric vehicles for future growth.

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 *** 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 *** million units, almost *** 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 ** 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 *** 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.

Mexico MVP: General Motors: Trucks: Light: Silverado Cabin Regular data was reported at 2,272.000 Unit in Mar 2025. This records a decrease from the previous number of 2,506.000 Unit for Feb 2025. Mexico MVP: General Motors: Trucks: Light: Silverado Cabin Regular data is updated monthly, averaging 0.000 Unit from Jan 2005 (Median) to Mar 2025, with 243 observations. The data reached an all-time high of 4,754.000 Unit in Feb 2020 and a record low of 0.000 Unit in Apr 2020. Mexico MVP: General Motors: Trucks: Light: Silverado Cabin Regular data remains active status in CEIC and is reported by National Institute of Statistics and Geography. The data is categorized under Global Database’s Mexico – Table MX.B038: Motor Vehicle Production. Prior to August 2018, data was published by Association of Mexican Automotive Industry (AMIA). The companies associated with AMIA individually signed agreements with National Institute of Statistics and Geography (INEGI) in order to provide this information. Starting September 2018 onwards, the National Institute of Statistics and Geography (INEGI) is in charge of compiling and disseminating figures on the production, exports and sales of motor vehicles.

General Motors is making significant strides in the EV market with expanded models and competitive pricing, positioning itself as a strong competitor to Tesla.

General Motors generated some ***** billion U.S. dollars in revenue during the 2024 fiscal year, a rise of *** percent year-on-year. Revenue from GM's automotive segments increased by *** percent overall but dropped by **** percent in markets outside North America. The fiscal year end of the company is December, 31st. Financial performance recovers  2023 was an eventful year for General Motors. The automaker had to contend with the United Auto Workers strike. This strike led to an estimated **** billion U.S. dollars in losses for the Detroit Three manufacturers (General Motors, Stellantis, and Ford), and contributed to shaping GM's year. The company's adjusted earnings before interest and taxes decreased year-over-year, despite growing global vehicle sales boosted by the manufacturer's North American success. GM's 2024 fiscal year yielded better results.

Car dealerships are turning to online car sales in response to the public health crisis.

Mexico MVP: General Motors: Trucks: Light: Blazer data was reported at 3,126.000 Unit in Mar 2025. This records a decrease from the previous number of 3,958.000 Unit for Feb 2025. Mexico MVP: General Motors: Trucks: Light: Blazer data is updated monthly, averaging 0.000 Unit from Jan 2005 (Median) to Mar 2025, with 243 observations. The data reached an all-time high of 10,630.000 Unit in Jul 2019 and a record low of 0.000 Unit in Sep 2021. Mexico MVP: General Motors: Trucks: Light: Blazer data remains active status in CEIC and is reported by National Institute of Statistics and Geography. The data is categorized under Global Database’s Mexico – Table MX.B038: Motor Vehicle Production. Prior to August 2018, data was published by Association of Mexican Automotive Industry (AMIA). The companies associated with AMIA individually signed agreements with National Institute of Statistics and Geography (INEGI) in order to provide this information. Starting September 2018 onwards, the National Institute of Statistics and Geography (INEGI) is in charge of compiling and disseminating figures on the production, exports and sales of motor vehicles.

The global passenger cars market size is forecast to rise from USD 4.47 trillion in 2025 to USD 20.06 trillion by 2035, advancing at a CAGR above 16.2%. Top companies operating in the industry include Toyota, Volkswagen, Hyundai, General Motors, Stellantis, shaping competitive strategies across the sector.

Mexico MVP: General Motors: Trucks: Light: Sierra Doble Cabin data was reported at 14,807.000 Unit in Mar 2025. This records an increase from the previous number of 12,901.000 Unit for Feb 2025. Mexico MVP: General Motors: Trucks: Light: Sierra Doble Cabin data is updated monthly, averaging 0.000 Unit from Jan 2005 (Median) to Mar 2025, with 243 observations. The data reached an all-time high of 21,239.000 Unit in Sep 2024 and a record low of 0.000 Unit in Apr 2020. Mexico MVP: General Motors: Trucks: Light: Sierra Doble Cabin data remains active status in CEIC and is reported by National Institute of Statistics and Geography. The data is categorized under Global Database’s Mexico – Table MX.B038: Motor Vehicle Production. Prior to August 2018, data was published by Association of Mexican Automotive Industry (AMIA). The companies associated with AMIA individually signed agreements with National Institute of Statistics and Geography (INEGI) in order to provide this information. Starting September 2018 onwards, the National Institute of Statistics and Geography (INEGI) is in charge of compiling and disseminating figures on the production, exports and sales of motor vehicles.