22 of 500
General Motors
General Motors
22
Financials: Latest Results
Rank: 22
Previous rank: 19
CEO: Daniel F. Akerson
Employees: 213,000

In 2010, CEO Dan Akerson led General Motors through what was then the biggest IPO in history. Today, GM is focusing on selling cars abroad, with China being a key market. GM has roughly 15% market share in China now and has said it will introduce 17 refreshed models there in 2013. Though the carmaker predicts only modest growth in U.S. and China auto sales this coming year, it is making money. GM is still one of the most profitable companies in the Global 500, despite a 33% decrease in earnings in 2012, down from $9.1 billion in 2011 to $6.2 billion.

Headquarters:
300 Renaissance Center
Detroit, Michigan. 48265
U.S.
313-556-5000
Website: www.gm.com
Key financials
$ millions
% change from 2011
Revenues
152,256
1.3
Profits
6,188
-32.7
Assets
149,422
Stockholder's equity
36,244
Profits as % of
Revenues
4.1
Assets
4.1
From the July 22, 2013 issue

Notes:
At year-end 2012, the U.S. Treasury owned 19% of the outstanding shares of the company's common stock.
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Companies are ranked by total revenues for their respective fiscal years ended on or before March 31, 2013. All companies on the list must publish financial data and report part or all of their figures to a government agency. Figures are as reported, and comparisons are with the prior year’s figures as originally reported for that year. Fortune does not restate the prior year’s figures for changes in accounting. More
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