General Motors Company
GM
General Motors Company, commonly referred to as General Motors (GM), is an American multinational corporation headquartered in Detroit that designs, manufactures, markets, and distributes vehicles and vehicle parts, and sells financial services, with global headquarters in Detroit's Renaissance Center. It was originally founded by William C. Durant on September 16, 1908, as a holding company, with the present entity established in 2009 after its restructuring. The company is the largest American automobile manufacturer, and the fourth largest in the world behind Toyota, Volkswagen, and Hyundai. At its peak GM had a 50% market share in the United States and was the world's largest automaker from 1931 through 2007. As of 2020, General Motors is ranked #18 on the Fortune 500 rankings of the largest United States corporations by total revenue.General Motors manufactures vehicles in several countries; its four core automobile brands include Chevrolet, Buick, GMC, and Cadillac. It also either owns or holds a significant stake in foreign brands such as Holden, Wuling, Baojun, and Jiefang. Annual worldwide sales volume reached a milestone of 10 million vehicles in 2016.
General Motors Company has been a target of short sellers for a while. The current short interest of 2.56% is roughly at the average of the last 12 months (2.58%).
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