The GM group sold 5.44 million vehicles (passenger cars and light utility vehicles) in 2024
- The GM group sold 5,437,748 vehicles (passenger cars + light utility vehicles) worldwide in 2024, compared to 6,052,967 in 2023, which represents a decrease of 10.2% mainly attributable to the continued sharp decline of sales in China (-22.0% of sales in 2024, which is equivalent to a loss of 440,000 vehicles).
- The GM group, once the world's leading carmaker (it remained so from 1931 to 2008), is in fourth position in 2024, behind the Toyota, Volkswagen and Hyundai-Kia groups, practically tied with the Stellantis group.
- And this ranking takes into account the Chinese subsidiaries Wuling and Baojun (1,094,802 sales in 2024) owned 44% by GM and therefore included in GM's figures. But these subsidiaries are 50.1% owned by the Chinese carmaker SAIC and it is not illogical to count them from the GM group's sales in a "Chinese" ranking. This means that the GM total would fall in this case to 4.12 million global sales in 2024, which would place it behind Stellantis and BYD but just ahead of Ford.
- With GM Group having withdrawn from the European and Russian markets, as well as from the Indian market, it has practically only three major markets left: the United States, China and Latin America (South America and Mexico).
- But its situation in China is increasingly fragile and a withdrawal from this market is not impossible in the short or medium term.
- The GM group sold 821,000 BEVs last year worldwide, including 608,000 in China ( Wuling , Baojun ) and 213,000 in the United States (Buick, Cadillac, Chevrolet, GMC), which is equivalent to 15% of its global sales (but only 3.9% without Wuling and Baojun).