Revenue distribution by industry:

• Automotive production: approx. 80%
• Financial services: approx. 15%
• Other (e.g. technology and services): approx. 5%

TOP 3 markets:

• USA: approx. 45%
• China: approx. 20%
• Canada: approx. 10%

General Motors generates the majority of its revenue from automotive production, with financial services also making a significant contribution. The U.S. market remains the largest single market for GM, followed by China, which plays an important role as a growing market. Canada completes the TOP 3 markets, with these three markets together accounting for the majority of GM's revenue.

Production sites of General Motors:

• USA: Several plants, including in Michigan, Ohio, and Texas.
• Canada: Plants in Ontario.
• Mexico: Production facilities in Ramos Arizpe and Silao.
• China: Joint ventures with SAIC Motor Corporation, several plants.
• South Korea: Production facilities in Bupyeong and Changwon.
• Brazil: Plants in São Caetano do Sul and Gravataí.

General Motors operates numerous production sites worldwide to manufacture its vehicles. In North America, the USA, Canada, and Mexico are central locations that produce for both the local market and for export. In Asia, China is a significant market where GM produces in collaboration with local partners. GM also has significant production capacities in South Korea and Brazil, serving both the regional and international markets.

Electrification Strategy: Investment of 35 billion USD by 2025
Goal for Electric Vehicles (EV): 30 new EV models by 2025
Autonomous Driving: Development by subsidiary Cruise

General Motors is pursuing a comprehensive electrification strategy, aiming to invest a total of 35 billion USD by 2025 in the development of electric vehicles and autonomous driving technology. A key component of this strategy is the introduction of 30 new electric vehicle models worldwide by 2025.

In addition, GM is focusing on advancing autonomous driving technologies through its subsidiary Cruise, which specializes in the development and deployment of self-driving vehicles. These strategic initiatives are intended to help GM establish a leading position in sustainable mobility and accelerate the transition to an emission-free future.

Raw materials/materials: Steel, aluminum, copper, semiconductors, lithium

Countries of origin:

• Steel: China, Japan, South Korea
• Aluminum: Canada, Russia
• Copper: Chile, Peru
• Semiconductors: Taiwan, South Korea
• Lithium: Australia, Chile

General Motors imports a variety of raw materials essential for the production of their vehicles. Steel and aluminum are fundamental materials for the vehicle body and are mainly sourced from Asian countries and Canada. Copper, needed for electrical components and wiring, predominantly comes from South America.

Semiconductors are particularly important for the electronics in modern vehicles. These are mainly imported from Taiwan and South Korea. With the increasing focus on electric vehicles, lithium is gaining importance and is mainly sourced from Australia and Chile.

Market share in the USA: 16.3% (2024)
Research & Development expenses: 7.5 billion USD (2024)
Electric vehicle sales: 25% of total sales (2024)

General Motors (GM) has a significant competitive advantage due to its strong market presence in the USA, where the company holds a market share of 16.3%. This makes GM one of the leading automotive manufacturers in North America.

Another important aspect of GM's competitive advantage is the substantial investment in research and development, which amounted to 7.5 billion USD in 2024. These investments support continuous innovation and the development of new technologies, especially in the field of electric vehicles.

GM has also focused heavily on expanding its electric vehicle portfolio, reflected in a 25% share of electric vehicles in total sales in 2024. This demonstrates the company's commitment to adapting to changing market demands and remaining competitive in a growing segment of the automotive industry.

In summary, GM benefits from a strong market position, significant investments in innovation, and a strategic focus on electric vehicles, providing the company with a solid competitive advantage.

Institutional investor share: approx. 75% (2025, estimated based on historical data)

Insider purchases/sales: No significant changes in the last quarters (2025, estimated)

The institutional investor share in General Motors remains traditionally high, indicating the trust of large investment funds and institutional investors in the company's long-term stability and growth potential. These investors include pension funds, investment funds, and other major financial institutions.

Regarding insider purchases and sales, there have been no significant activities in the last quarters that would indicate a change in the management's confidence in General Motors' future development. This suggests that the management is satisfied with the current corporate strategy and market environment.

Market share of General Motors (GM): approx. 15% (estimated for 2025)

Main competitors and estimated market shares:

1. Toyota Motor Corporation: approx. 18%
2. Volkswagen AG: approx. 16%
3. General Motors (GM): approx. 15%
4. Ford Motor Company: approx. 14%
5. Hyundai Motor Group: approx. 10%
6. Stellantis N.V.: approx. 9%
7. Honda Motor Co., Ltd.: approx. 7%
8. BMW Group: approx. 5%
9. Mercedes-Benz Group: approx. 4%
10. Nissan Motor Co., Ltd.: approx. 3%

Moat of General Motors:

General Motors has a significant moat due to its strong brand recognition, especially in North America, and its comprehensive product range, ranging from affordable vehicles to luxury models. Investments in electromobility and autonomous driving further strengthen its position.

However, some competitors like Toyota and Volkswagen also have strong moats, reinforced by their global presence, innovation capabilities, and production efficiency. Toyota is known for its production systems and reliability, while Volkswagen stands out for its wide range of brands and technological innovations.

Overall, GM's moat is solid but not insurmountable, as other companies may have the upper hand in areas such as electromobility and sustainability. Continuous investment in new technologies and markets will be crucial to maintaining or expanding the competitive advantage.

Revenue growth: 7% (2024) Profit growth: 5% (2024) Investments in electromobility: 35 billion USD by 2025

General Motors has made significant progress in the field of electromobility in recent years. The company has committed to investing around 35 billion USD by 2025 in the development of electric vehicles and autonomous driving technology. This demonstrates GM's commitment to positioning itself in a rapidly changing automotive market.

The 7% revenue growth in 2024 indicates solid demand for GM's products, while the 5% profit growth points to an efficient cost structure and successful business strategies. These growth rates are a positive sign for the company's future financial health.

Additionally, GM has formed partnerships and alliances with various technology companies to strengthen its position in the autonomous vehicle sector. These strategic initiatives could lead to a stronger market position and higher margins in the long term.

Overall, GM's strategic focus on electromobility and autonomous technologies suggests promising long-term growth potential. This could make the stock an attractive investment for investors interested in the future of the automotive industry.

Dividend yield: 3.5% (estimated for 2025)
Dividend history: Resumption of dividend payments in 2022 after pandemic pause

General Motors resumed dividend payments in 2022 after a pandemic-related pause in 2020. The dividend yield is estimated to be around 3.5% for 2025, which is competitive compared to other automotive manufacturers.

The reliability of General Motors' dividend payments depends on several factors, including the company's financial health, cash flow generation, and the overall economic situation. GM has demonstrated in the past its ability to pay dividends when economic conditions are stable. Analysts view the current dividend policy as sustainable as long as no significant negative economic developments occur.