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The World's Largest Carmaker
General Motors became the world's largest car-maker
initially by acquiring several independent car manufacturers
in the United States, Europe and other regions, and
then by growing its 13 brands around the world.
In 2007, GM sold 9.37 million cars and trucks globally.
Keeping pace with an increasingly global economy,
GM in recent years has made far-reaching changes to
become a leaner, faster and more smoothly integrated
company.
GM's European operations are an integral part of a
global network of design, engineering and manufacturing
centers that share resources and best practices
and make leading-edge technology available to every
member of the GM family.
GM Global Vehicle Sales and Market Share - 2007
| |
Industry Sales*
Units |
GM Sales*
Units |
GM Market Share*
% |
| North America |
19,587,816 |
4,515,842 |
23.1 |
| Europe |
23,081,564 |
2,181,502 |
9.5 |
| Asia-Pacific |
20,713,233 |
1,435,792 |
6.9 |
| LAAM** |
7,186,030 |
1,236,263 |
17.2 |
| Total Global |
70,568,643 |
9,369,399 |
13.3 |
*Preliminary figures.
**Latin America, Africa and Middle East.
GM's competitive advantage depends on its ability to
leverage its unrivalled size and its local expertise broadly
and intelligently. By making the best use of its global
resources, GM can meet the specific needs of customers
in each of its local markets around the world.
Subsidiaries, Joint Ventures &
Affi liates
GM works with many partners in markets all over the
world. GM is the majority shareholder in GM Daewoo
Auto & Technology Co. of South Korea, and has collaborated
with Suzuki Motor Corp. and Isuzu Motors Ltd. of
Japan on product, powertrain and purchasing projects.
GM also collaborates with Daimler AG and BMW AG of
Germany and Toyota Motor Corp. of Japan on advanced
technology, solutions and has entered into vehicle manufacturing
ventures with several automakers around the
world, including Toyota, Suzuki, Shanghai Automotive
Industry Corp. of China, AVTOVAZ of Russia and Renault
SA of France. GM joint ventures and affiliates include the
following:
| Country |
Company |
Since |
Current GM Equity |
| China |
Shanghai GM Norsom Motors
Co. Ltd. |
1992 |
50.0% |
| |
Shanghai GM Corp. Ltd. |
1997 |
50.0% |
| |
Pan Asia Technical Automotive
Center Co. Ltd. |
1997 |
50.0% |
| |
SAIC-GM-Wuling
Automobile Co., Ltd. |
2004 |
34.0% |
| Italy |
VM Motori S.p.A. |
2007 |
50.0% |
| Japan |
Suzuki Motor Corp. |
1981 |
3.7% |
| Russia |
AVTOVAZ |
2001 |
41.5% |
| South Korea |
GM Daewoo Auto & Technology Co. |
2002 |
50.9% |
| Uzbekistan |
GM Uzbekistan |
2007 |
25.0% |
Financial Services
GM's exclusive financial services partner, GMAC, is one
of the world's leading finance companies and a strong
supporter of GM's business around the globe. GMAC
Financial Services operates in approximately 40 countries
and maintains a diversifi ed portfolio of business operations,
including automotive fi nance, dealer and personal
insurance, real estate finance and other commercial
businesses.
Since GMAC started business in 1919, the company has
extended more than $1.4 trillion in credit to help finance
around 160 million vehicles worldwide.
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