Top 10 Automobile Companies in the World 2016

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2. General Motors

General Motors Company popularly known as GM is American MNC headquartered in Detroit, Michigan and was founded in 1908 as a holding company for McLaughlin Car Company of Canada Limited.

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Current GM had financial restructuring in 2009 after declared bankrupt and had bought majority of assets from old GM including name ‘General Motors’. Company has multiple brands in portfolio like Chevrolet, GMC, Cadillac, Alpheon, Buick Holden, HSV, Opel etc, which are all prominent global brands.

GM has always played the key role in revolution happened in automobile sector starting from first Buick horseless carriages to technological wonder like Chevrolet Volt.

It recently named Mary Barra the CEO and Chairman of company, marking the first woman to be in charge of major automaker in the world. GM consistently appearing in top-10 list of automakers based on annual revenue and net income. In 2015, GM has sold around 9.8 million vehicles across all brands worldwide to become highest vehicles seller in 2015. It operates manufacturing and assembly plants and distribution centers throughout the United States, Canada, and many other countries. GM is known for a long tradition of accountability, integrity and transparency in its business which helps to establish enriched brand over the years. With passion and loyalty driving their strategies, it inspires to translate technologies into vehicles and deliver customers driving delight. GM is looking forward to launch Sierra ALL 1500 Terrain X, Cruze hatchback, Bolt EV etc. in year 2016-17.

GM has participated over the years in the 24 Hours of Le Mans, World Touring Car Championship (WTCC), NASCAR, SCCA, V8 Supercars, and many other world venues. General Motors committed to achieve its landfill-free status and for that company recycles production waste in the manufacturing process. GM has social foundation that helps community across the globe by investing in next generation leaders through scholarships and outreach program.

Revenue : USD 1,52,356.00 million

Net income: USD 9,687.00 million

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