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General Motors Co (XTER:8GM) Short-term investments


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What is General Motors Co Short-term investments?

Short-term investments only applies to insurance companies.

General Motors Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » General Motors Co (XTER:8GM) » Definitions » Short-term investments
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Traded in Other Exchanges
GM:USA GM:Peru GM:Mexico 1GM:Italy 8GMd:UK GMCO34:Brazil GMOT:Austria
Address
300 Renaissance Center, Detroit, MI, USA, 48265-3000
Website
https://www.gm.com
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 regained its us market share leader crown in 2022, after losing it to Toyota due to the chip shortage in 2021. 2023's share was 16.5%. GM's Cruise autonomous vehicle arm has previously done driverless geofenced AV robotaxi services in San Francisco and other cities but stopped in late 2023 after an accident. It restarted service in 2024 but not in California. GM owns over 80% of Cruise. GM Financial became the company's captive finance arm in October 2010 via the purchase of AmeriCredit.