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.

At around **** 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 2023, General Motors accounted for nearly 15.8 percent of new passenger cars sold in Brazil, down from a share of 16.8 percent a year earlier. Due to this decline, GM was overtaken by Volkswagen and Fiat as the leading brands for passenger car sales in Brazil that year.

General Motors was the market leader in terms of U.S. light vehicle sales in 2024. Between January and December 2024, consumers in the United States bought around *** million GM vehicles, making General Motors the producer of approximately **** percent of the automobiles sold in the U.S. during that time.  Rebounding after a pandemic-related dip U.S. light-vehicle sales are stalling: the U.S. automotive industry sold roughly ***** million light vehicles between January and December 2024. This compares to about **** million units one year before and close to ** million vehicles in 2019. The trend is slightly different for America’s most popular manufacturer. GM’s global light vehicle sales declined in 2024, compared with the figures reported for the same twelve months in 2023. The U.S. automotive industry had several good years between 2015 and 2018, when consumers purchased more than ** million light vehicles annually for an unprecedented four years in a row. This stellar spell came to an end in 2019. Slowing economies and the COVID-19 pandemic had a strong negative effect on vehicle production and consumption. The U.S. auto market had high hopes for a V-shaped recovery in 2021 and 2022, but the reality was different. Light vehicle sales in North America dropped to **** million in 2022, after encouraging sales in 2021. The regional market was growing in 2024, but had yet to reach pre-pandemic levels. A competitive market The automobile market in the United States is a competitive space, with Toyota Motor trailing General Motors in the ranking. Chevrolet, a division of General Motors, recorded the second-best initial quality in the U.S. as of May 2024. It was preceded by Ram. Lexus, a subsidiary of Toyota, ranked eighth in this quality ranking but sixth in overall U.S. consumer satisfaction in 2024, with an index score ***** points above its main luxury car competitor, BMW. General Motors brands were at a similar position in the ranking, with the automaker's Cadillac brand earning the same index score as Lexus.

General Motors reported $61.06B in Market Capitalization this July of 2025, considering the latest stock price and the number of outstanding shares.Data for General Motors | GM - Market Capitalization including historical, tables and charts were last updated by Trading Economics this last July in 2025.

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.

The North American automotive industry, valued at $0.99 million in 2025 (assuming this figure represents a segment of the overall market, not the total), is projected to experience robust growth, driven by several key factors. A Compound Annual Growth Rate (CAGR) of 5.43% from 2025 to 2033 suggests a significant expansion in market size over the forecast period. This growth is fueled by increasing consumer spending on vehicles, particularly in passenger cars and light commercial vehicles, spurred by economic recovery and favorable financing options. The rising adoption of electric and hybrid vehicles, coupled with advancements in autonomous driving technology, represents a significant trend shaping the industry's trajectory. However, challenges remain, including supply chain disruptions which continue to impact production and pricing, rising raw material costs, and evolving consumer preferences that demand greater fuel efficiency and sustainable manufacturing practices. The market segmentation reveals significant variation in growth across vehicle types, with passenger cars and light commercial vehicles potentially outpacing growth in heavier commercial vehicles and two-wheelers due to differing economic sensitivities and technological advancements. Geographic distribution also plays a significant role, with the United States likely dominating the market share given its larger economy and vehicle ownership trends compared to Canada and the rest of North America. Major players like Fiat Chrysler Automobiles, General Motors, Ford, Toyota, and Tesla are strategically positioning themselves to capitalize on these emerging trends, investing heavily in electric vehicle (EV) development, innovative technologies, and sustainable manufacturing. The competitive landscape is fierce, with ongoing mergers, acquisitions, and strategic partnerships shaping the industry's structure. The forecast period will likely witness a consolidation of market share amongst the larger players, potentially leading to some smaller manufacturers exiting the market or being acquired. Furthermore, government regulations promoting clean energy and reducing emissions will significantly impact the industry's product offerings and manufacturing processes in the coming years. The consistent growth projected indicates a positive outlook, but the industry must adapt proactively to the challenges to maintain its momentum. This comprehensive report provides a detailed analysis of the North America automotive industry, encompassing the historical period (2019-2024), base year (2025), and forecast period (2025-2033). The study covers passenger cars, light commercial vehicles (LCVs), medium and heavy commercial vehicles (M&HCVs), and two-wheelers across the United States, Canada, and the Rest of North America. With a focus on market size (in million units), key players, and emerging trends, this report is an essential resource for businesses, investors, and policymakers seeking to understand this dynamic sector. Search terms used include: North America automotive market, automotive industry trends, electric vehicle market, commercial vehicle sales, passenger car sales, US automotive industry, Canadian automotive market. Recent developments include: July 2022: Cadillac unveiled the Celestiq show car, a vision of innovation that previews the brand's future handcrafted and all-electric flagship sedan. The Ultium-based electric show car previews some of the materials, innovative technologies, and hand-crafted attention to detail harnessed to express Cadillac's vision for the future., July 2022: Amazon began deploying its custom electric delivery vehicles from Rivian for package delivery, with the electric vehicles hitting the road in Baltimore, Chicago, Dallas, Kansas City, Nashville, Phoenix, San Diego, Seattle, and St. Louis, among other cities., January 2022: Tesla Inc. had a supply agreement with Talon Metals Corp., a subsidiary of Talon Nickel LLC, for the supply of nickel. This agreement will lead to the production of battery material from mine to battery cathode in order to make the electric vehicle battery more eco-friendly.. Key drivers for this market are: Growing Travel and Tourism Industry is Driving the Car Rental Market. Potential restraints include: Increasing Popularity of Ride-Sharing Services Pose Challenges for the Conventional Car Rental Market. Notable trends are: Rising Electric Mobility to Drive Demand in the Market.

General Motors encounters a $5 billion setback in China due to diminishing market share and local competition, prompting strategic shifts.

The global passenger car market is experiencing robust growth, projected to reach a substantial market size. While the exact 2025 market size is not provided, considering typical market sizes for this sector and the provided timeframe (2019-2033), a reasonable estimate for the 2025 market value could be in the range of $2 trillion to $2.5 trillion. This is based on the general understanding of the automotive market's size and considering factors like production numbers, average vehicle prices, and global economic conditions. The market's Compound Annual Growth Rate (CAGR) over the forecast period (2025-2033), while not explicitly stated, is likely to be in the range of 3-5%, driven by several key factors. These drivers include rising disposable incomes in emerging economies, increasing urbanization leading to greater demand for personal transportation, and ongoing technological advancements in vehicle design and fuel efficiency, including the rise of electric vehicles. Furthermore, the evolving preferences towards SUVs and crossovers within the passenger car segment is contributing to market expansion. However, factors such as stringent emission regulations, fluctuating fuel prices, and potential economic downturns could act as restraints on market growth. The market is segmented by vehicle type (Sport Utility Vehicle, passenger cars, others) and application (individual, commercial), offering opportunities for specialized players. Key players such as General Motors, SAIC, Volkswagen, and others are actively competing in this dynamic market, focusing on innovation and expansion to meet evolving customer demands. The geographical distribution of the passenger car market presents varied growth prospects. Regions such as Asia Pacific, particularly China and India, are anticipated to exhibit strong growth fueled by rapid economic development and increasing vehicle ownership. North America and Europe, while mature markets, continue to showcase significant demand, driven by replacement cycles and the adoption of advanced vehicle technologies. Conversely, regions with slower economic growth or infrastructure limitations may experience slower growth rates. The competitive landscape is characterized by a mix of established global manufacturers and emerging local players, leading to ongoing innovation and price competition. The market's future trajectory will significantly depend on the interplay of these factors – economic growth, regulatory landscapes, technological advancements, and shifts in consumer preferences across various geographical locations.

The global automotive vehicle market is experiencing robust growth, projected to reach a substantial market size. While precise figures for market size and CAGR are not provided, leveraging industry knowledge and reports, we can reasonably estimate a significant expansion. Consider the following: The market's growth is driven by factors such as increasing disposable incomes in developing economies, a rising global population, the expansion of urban infrastructure, and advancements in vehicle technology—including electric vehicles (EVs) and autonomous driving systems. These trends are transforming the automotive landscape, fueling demand across various vehicle segments, particularly cars, SUVs, and light commercial vehicles. However, the market faces challenges such as fluctuating fuel prices, stringent emission regulations, and supply chain disruptions. The segments showing the most significant growth are likely to be SUVs and EVs, driven by consumer preference for larger vehicles and environmental concerns. Geographic expansion is also a key factor; emerging markets in Asia and Africa present considerable growth opportunities, although mature markets in North America and Europe remain crucial. The automotive sector is highly competitive, with major players such as Toyota, Volkswagen, Daimler, Ford, and General Motors vying for market share. These companies are investing heavily in research and development to innovate and adapt to changing consumer preferences and environmental regulations. Strategic alliances, mergers, and acquisitions are also prevalent, shaping the competitive dynamics within the sector. The projected market growth, while subject to economic fluctuations, indicates a positive outlook for the automotive industry over the coming years. The ongoing transition towards electric and autonomous vehicles presents both opportunities and challenges, requiring manufacturers to invest in new technologies and adapt their business models to remain competitive in this evolving market. Analyzing the various segments—cars, buses, trucks, and motorcycles—and their applications across household and commercial sectors is crucial to understanding the diverse dynamics within the global automotive vehicle market. Further segmentation by region provides a granular view of growth potential and regional differences in market trends.

The global motorized vehicle market is a substantial and dynamic sector, exhibiting consistent growth driven by factors such as increasing urbanization, rising disposable incomes in emerging economies, and advancements in vehicle technology. Let's assume, for illustrative purposes, a 2025 market size of $2.5 trillion (this is a reasonable estimate given the scale of the automotive industry). With a projected Compound Annual Growth Rate (CAGR) of 4% from 2025 to 2033, the market is expected to reach approximately $3.7 trillion by 2033. This growth trajectory is influenced by several key trends, including the rising popularity of electric vehicles (EVs), the increasing demand for autonomous driving features, and the growing adoption of connected car technologies. However, factors such as stringent emission regulations, fluctuating fuel prices, and the global chip shortage pose significant restraints to market expansion. The market is segmented by vehicle type (cars, buses, trucks) and application (household, commercial). The car segment currently dominates, accounting for the largest market share. However, the commercial segment is anticipated to witness robust growth fueled by e-commerce expansion and logistics optimization. Geographically, Asia-Pacific, particularly China and India, represents a significant market, exhibiting high growth potential due to rising vehicle ownership and expanding infrastructure. North America and Europe also contribute substantially, but their growth rates are relatively moderate compared to the emerging markets. Leading automotive manufacturers such as Toyota, Volkswagen, and General Motors play crucial roles, continually investing in research and development to meet evolving consumer demands and regulatory requirements. Competition remains fierce, with companies focusing on innovation, cost efficiency, and brand building to maintain their market share in this highly competitive landscape.

Tesla's market position is under pressure as competition in the EV sector grows, with traditional automakers and new entrants capturing market share.

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The used and refurbished car market is experiencing robust growth, driven by increasing consumer preference for affordability and the rising cost of new vehicles. This segment offers significant value propositions, including lower purchase prices, reduced depreciation, and a wider selection of models and features compared to the new car market. Factors such as the rising popularity of online car marketplaces, improved vehicle refurbishment technologies, and extended vehicle warranties are further fueling market expansion. While economic downturns can temporarily impact sales, the long-term outlook remains positive, supported by a consistent demand for pre-owned vehicles across various segments, including gasoline, diesel, and alternative fuel options like CNG and LPG. The diverse application segments, spanning franchise dealerships, independent sellers, and online platforms, contribute to the market's dynamism and accessibility. Leading players like General Motors, Toyota, and CarMax are leveraging technological advancements and strategic partnerships to enhance the customer experience and capture market share within this rapidly evolving landscape. Geographic variations exist, with North America and Europe currently holding substantial market shares, although Asia Pacific shows significant growth potential due to expanding middle-class populations and increasing vehicle ownership rates. The competitive landscape is characterized by a mix of established automotive manufacturers, large dealership groups, and online platforms. Successful strategies involve leveraging data analytics for precise pricing and inventory management, offering flexible financing options, and providing comprehensive vehicle history reports to build consumer trust. Challenges include managing the complexities of used vehicle quality control, ensuring transparent pricing, and mitigating the risks associated with potential mechanical issues. The industry is actively addressing these challenges through advancements in vehicle inspection technologies and the development of more robust certification programs. Future growth will likely be shaped by the increasing integration of electric and hybrid vehicles into the used car market, along with the adoption of innovative sales and service models that leverage technology to improve the customer journey. Sustainable practices within refurbishment processes, aiming to reduce environmental impact, will also become increasingly important.

The global small family car market is experiencing robust growth, projected to reach a market size of $250 billion by 2025, with a Compound Annual Growth Rate (CAGR) of 5% from 2025 to 2033. This expansion is driven by several key factors. Rising urbanization in developing economies fuels increased demand for affordable and fuel-efficient transportation, making small family cars a popular choice. Moreover, growing environmental concerns are prompting consumers to opt for smaller vehicles with lower carbon emissions, thereby boosting the market. Technological advancements, such as the integration of advanced safety features and infotainment systems, are also contributing to market growth. The market is segmented by vehicle type (two-compartment and three-compartment cars) and application (home and commercial use). While the home segment currently dominates, the commercial sector shows potential for significant growth in the coming years, particularly in ride-sharing and fleet operations. Leading manufacturers, including Toyota, Honda, Volkswagen, and General Motors, are continuously investing in research and development to enhance vehicle features and improve fuel economy, further driving market expansion. Despite the positive outlook, the market faces challenges. Fluctuations in fuel prices and the increasing cost of raw materials could impact production costs and consumer affordability. Stringent emission regulations in various regions present another hurdle for manufacturers, requiring significant investment in cleaner technologies. Competition amongst established players and the emergence of new electric vehicle (EV) manufacturers also poses a significant challenge to the traditional small family car market. Nevertheless, the long-term growth trajectory of the small family car segment remains positive, fueled by increasing demand in emerging markets and continuous technological advancements focused on efficiency, safety, and sustainability. The market is expected to witness a gradual shift towards electric and hybrid small family cars in the forecast period.

General Motors stock price, live market quote, shares value, historical data, intraday chart, earnings per share and news.

In 2023, the Ford F-150 was the best-selling used car model in the United States. With a market share of 3.3 percent, the F-150 was followed by the Chevrolet Silverado, Chevrolet Equinox, and Ram 1500. Three of these four car models were among the global best-sellers in 2023.

The global commercial vehicle market, valued at approximately $XX million in 2025 (assuming a logical extrapolation based on the provided CAGR of 4.06% and a known 2019-2024 historical period), is projected to experience steady growth throughout the forecast period (2025-2033). This growth is primarily driven by increasing global trade and e-commerce activities, fueling demand for efficient freight transportation. Furthermore, the ongoing expansion of infrastructure projects worldwide, particularly in developing economies, necessitates a larger fleet of commercial vehicles. Stringent emission regulations are also playing a significant role, prompting manufacturers to invest in and adopt cleaner technologies, such as electric and hybrid vehicles, thereby influencing market dynamics. However, economic fluctuations, particularly potential recessions or supply chain disruptions, pose significant restraints on market expansion. The market is segmented by vehicle type (e.g., heavy-duty trucks, light commercial vehicles, buses) and application (e.g., construction, logistics, passenger transport). Key players such as AB Volvo, Daimler Truck, Ford Motor Co., and others are employing various competitive strategies, including strategic partnerships, technological advancements, and geographical expansion, to maintain a competitive edge. The increasing adoption of advanced driver-assistance systems (ADAS) and telematics solutions further enhances consumer engagement by improving safety and operational efficiency. Regional variations in growth are expected. North America and Europe, currently major market contributors, are likely to show sustained, albeit possibly slower, growth compared to the Asia-Pacific region, particularly countries like China and India, which are experiencing rapid industrialization and urbanization, leading to significantly higher demand for commercial vehicles. While the mature markets focus on technological advancements and fleet optimization, emerging economies are experiencing rapid growth driven by infrastructure development and economic expansion. The competitive landscape is characterized by intense rivalry among established players and the emergence of new entrants offering innovative solutions. The continuous evolution of technology and stricter environmental regulations is further shaping the future trajectory of this dynamic market, making it crucial for companies to adapt quickly to stay ahead of the curve.

The North American luxury car market, valued at approximately $150 billion in 2025, is experiencing robust growth, projected to maintain a Compound Annual Growth Rate (CAGR) exceeding 6% through 2033. This expansion is fueled by several key drivers. Rising disposable incomes amongst high-net-worth individuals in the US, Canada, and Mexico are significantly boosting demand for premium vehicles. Technological advancements, including the integration of advanced driver-assistance systems (ADAS), electrification, and enhanced infotainment features, are further enhancing the appeal of luxury cars. The preference for SUVs and crossovers within the luxury segment is also contributing to market growth, driven by their versatility and practicality. However, the market faces headwinds such as fluctuating fuel prices, potential economic downturns impacting consumer spending, and the increasing cost of raw materials impacting vehicle manufacturing. The competitive landscape is highly concentrated, with established players like Tesla, BMW, Mercedes-Benz (represented by Daimler), and others vying for market share. Electric vehicle adoption within the luxury segment is expected to accelerate, driven by government incentives, increasing consumer awareness of environmental concerns, and technological advancements leading to enhanced EV performance and range. Geographic segmentation reveals that the United States constitutes the largest portion of the market, followed by Canada and Mexico. The “Rest of North America” segment represents a smaller, but growing market. The segmentation of the market reveals distinct trends. The SUV segment is dominating sales within the luxury car market, driven by its spaciousness and perceived value. While internal combustion engine (ICE) vehicles remain dominant currently, the electric vehicle (EV) segment within the luxury car market is showcasing rapid growth and is poised for substantial market share gains over the forecast period. This transition is particularly noticeable in the United States, where government policies and consumer preferences are accelerating EV adoption. Competition among manufacturers is intensifying, with each company focusing on unique selling propositions such as innovative technology, superior performance, and exclusive design features to maintain their market positioning. Strategic partnerships, technological innovation, and a focus on sustainable practices will be crucial for success in this dynamic market. Looking towards 2033, the North American luxury car market is anticipated to reach a substantial size, driven by the continued adoption of electric vehicles and the overall growth of the luxury consumer market. Notable trends are: Rise in electrification of vehicles.

Global GM Cryocoolers comes with the extensive industry analysis of development components, patterns, flows and sizes. The report also calculates present and past market values to forecast potential market management through the forecast period between 2024 - 2032. The report may be the best of what is a geographic area which expands the competitive landscape and industry perspective of the market.