General Motors Company (GM), headquartered in Detroit, Michigan, designs, builds and sells trucks, crossovers, cars, and automobile parts and provides software-enabled services and subscriptions worldwide. With a market cap of $51.38 billion, the company produces, sells, and services its cars, trucks, and parts under four core brands: Chevrolet, Buick, GMC, and Cadillac. General Motors has made an impressive journey, from facing bankruptcy in 2009 to becoming one of the world's best-managed automakers.
Shares of this auto giant have outperformed the broader market considerably over the past year. GM has gained 40.5% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 28.3%. In 2024 alone, GM stock is up 26.6%, surpassing the SPX’s 11.3% rise on a YTD basis.
