Top 10 Car Companies in the World 2017

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2. General Motors

Headquarter at Detroit, Michigan General Motors was founded in the year 1908 in United States.

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General Motors is into designing, manufacturing and sales of passenger vehicles, trucks and automobiles parts worldwide. It entered Indian market in the year 1928 with Chevrolet brand but had to discontinue its operations due to Indian policies in the year 1954.

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But it still continued its operations through tie ups and finally became a fully owned subsidiary in the year 1999 to become fastest growing brand in the nation. GM produces automobiles under 11 different brands which includes Baojun, Jiefang, Buick, Onstar, Cadillac, Opel, Chervolet, Vauxhall, GMC, Wuling and Holden. The firm produces cars in 35 countries and sells in over 125 nations employing over 225000 people as on May 2016.

With the history of 108 years, General motors’ started by acquiring other brands in the initial years of 1908 to 1929 to endlessly expanding into Aircraft engine manufacturing to producing vehicles for world war 2 during 1930’s. Post that General motors’ has accelerated its efforts in the development of new sedans to light weight trucks.

With the sole strategy of earning customers for life, General motors have strived hard and their sales have gone up by 1.9 % in the first quarter of 2017. In the direction of future growth it has also planned to put up 5 new plants in China to support the huge sales demand to grow into largest brand worldwide. Driven by passion, GM is extending its horizons from mobility to sustainability, connectivity and beyond to produce easy to use and impressive technological cars.

With their commitment towards safety and quality, they have won 2016 motor trend car and truck of the year along with twice the winner of green car award of the year. With this GM has recorded sales of 9.96 at the end of 2016.

Revenue: $ 166.4 billion

Net income: $ 9.4 billion

No of units sold: 9965238



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