General Motors (GM) was previously the General Motors Corporation, an American corporation that was the world's largest vehicle manufacturer for much of the twentieth century and the early twenty-first century. It is now owned by General Motors Company. It operates manufacturing and integration sites, as well as distribution locations, across the United States, Canada, and a number of other nations. Cars, trucks, car components, and engines are among the company's main goods, as are financial services. The headquarters of General Motors is located in Detroit. GMC, Chevrolet, Opel, ACDelco, OnStar, Vauxhall Motors, and other GM subsidiaries include GMC, Chevrolet, Opel, ACDelco, OnStar, Vauxhall Motors, and others.
General Motors (GM), an American automaker based in Detroit, has regularly ranked among the top automakers in the world in terms of revenue. General Motors (GM) produced 127 billion dollars in revenue in its fiscal year 2021, a little improvement over the fiscal year 2020, which was still roughly 15 billion dollars below pre-pandemic financial performance. GM's sales volume, on the other hand, has been continuously declining since 2016, and is expected to fall below 6.3 million units in 2021. The reduction in 2016 sales coincides to a 257 million dollar loss from GM's European business in the same year, prompting the carmaker to sell its Opel and Vauxhall brands to the PSA Group in March 2017. The brands accounted for 11 to 12% of GM's total sales.