Top 10 Conglomerates in USA 2015

Posted in Top Brand Lists, Total Reads: 647

2. General Motors

General Motors Company which is usually known as GM, is an American international business which operates currently out of Detroit in Michigan.

The company plans, makes, advertises and distributes vehicles in addition to selling fin. services. General Motors makes cars in 36 different countries under about 13 brands including but not limited to ‘Alpheon, Chevrolet, Buick, GMC and Cadillac’ among others. General Motors currently has a 20% venture in IMM, and a 77% stake in GM Korea. It also has made a quantity of joint-ventures, including Shanghai GM and FAW GM in China, GM-Avto-VAZ in Russia, General Motors in India, Egypt, and Isuzu Truck in South Africa. General Motors provides work for about 200,000 people and operates in above 121 countries. General Motors is alienated into 5 separate trade sections which include ‘GM North America, Opel Group, GM International Ops, GM S. America, and GM Fin.’ General Motors led worldwide automobile sales for 77 successive years starting from the year 1931 right up to 2007, more than any contemporary automakers, and is at present among the world's chief automakers by car item sales. General Motors acts in most countries exterior to the U.S. by means of completely owned sub-companies, but functions in China via 10 joint ventures. The On-Star subsidiary under GM gives car security and information services. In the year 2009, General Motors discarded several top brands including ‘Saturn, Pontiac and Hummer’, and finally re-emerged from a government-backed reorganization. In 2010, the rationalized GM made an IPO that was one of the world’s biggest till date and became profitable later that year.

Market Cap.: $54.6 B

Net Sales for FY 2014: $155.929 B