7 of 500
General Motors
General Motors
7
Financials: Latest Results
Rank: 7
Previous rank: 5
CEO: Daniel F. Akerson

American taxpayers still own part of General Motors. The U.S. government is eager to sell its remaining 19% stake in GM -- leftovers from the 2008 auto industry bailout.

In 2010, CEO Dan Akerson led the company 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 50 most profitable companies in the Fortune 500, despite a 32% decrease in earnings in 2012, down from $9.1 billion in 2011 to $6.2 billion.

Headquarters:
300 Renaissance Center
Detroit, MI. 48265
313-556-5000
Website: www.gm.com
Network with General Motors
Key financials
$ millions
% change from 2011
Revenues
152,256
1.3
Profits
6,188
-32.7
Assets
149,422
Stockholder's equity
36,244
Market cap (on 3/29/2013)
38,014.5
Profits as % of
Revenues
4.1
Assets
4.1
Stockholders' equity
17.1
Earnings per share
2012$
2.92
% change from 2011
-36.2
2002-2012 annual growth rate %
N.A.
Total return to investors
%
2012
42.2
2002-2012 annual rate
N.A.
From the May 20, 2013 issue

Notes:
At yearend 2012, the U.S. Treasury owned 19% of the outstanding shares of the company's common stock.
What do you think of General Motors?
Companies are ranked by total revenues for their respective fiscal years. Included in the survey are companies that are incorporated in the U.S. and operate in the U.S. and file financial statements with a government agency. More
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