General Motors Co logo

General Motors Co

$ 43.86 (-1.23%) Nov 30
On watch
P/E:
6.70
P/B:
0.85
Market Cap:
$ 61.21B
Enterprise V:
$ 150.06B
Volume:
-
Avg Vol (2M):
-
Also Trade In:
Volume:
-
Market Cap $:
61.21B
PE Ratio:
6.70
Avg Vol (2-Month):
-
Enterprise Value $:
150.06B
PB Ratio:
0.85

Business Description

Description
General Motors Co. emerged from the bankruptcy of General Motors Corp. (old GM) in July 2009. GM has eight brands and operates under four segments: GM North America, GM International, Cruise, and GM Financial. The United States now has four brands instead of eight under old GM. The company lost its U.S. market share leader crown in 2021 with share down 280 basis points to 14.6%, but we expect GM to reclaim the top spot in 2022 as 2021 suffered from the chip shortage. GM Financial became the company's captive finance arm in October 2010 via the purchase of AmeriCredit.