| Rank # of Fortune 500 Companies | |
|---|---|
| Texas | 58 |
| New York | 55 |
| California | 52 |
| Company | Rank |
|---|---|
| Valero Energy | 16 |
| Goldman Sachs | 20 |
| Microsoft | 44 |
 Get Quote: GM
Financials: Latest Results
Rank: 4 (Previous rank: 3)
Compare tool: General Motors vs. Top 10 CEO: G. Richard Wagoner Jr. Address: 300 Renaissance Center Detroit, MI 48265 Phone: 313-556-5000 Website: www.gm.com GM's recovery is slow going. High gasoline prices, weak auto sales, layoffs, buyouts and a looming recession helped shrink sales 12% and led to a $39 billion loss.
Still, GM remains the world's largest automaker, though it very nearly lost its top position in global car sales - which it has held for 76 years - to Japanese rival Toyota. A two-day nationwide autoworkers strike (the company's first since 1970) resulted in a cost-saving labor deal that could make the company more competitive with nonunion rivals. It also created a trust fund for retiree health benefits, the first of its kind for autoworkers. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Industry: Motor Vehicles and Parts
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