It doesn't seem that long ago that General Motors was far and away the largest automaker in the world. In fact it was for the better part of a century. But that was before Toyota started to encroach and a series of damning events began to unfold to drive GM into bankruptcy. Now it's slid down to fourth place.

With the financial statements in for the first half of 2014, GM dropped to the fourth place with gross revenues of $39 billion. That puts the General behind Volkswagen (which reported $68 billion in revenue), Toyota (at $62 billion) and a surprise upsurge from Daimler, which nudged past at $42 billion. GM did, however, just beat out the Renault-Nissan Alliance by $100 million, and came in well ahead of Ford ($37B), Hyundai ($33B), Fiat-Chrysler ($31B), Honda ($29B) and BMW ($26B).

Those numbers, of course, relate to revenues – multiplying sales volume by how much each automaker charges for each vehicle sold. When it comes to the volume of cars produced, GM ranks in third place with 4.92 million units sold in the first six months of 2014, behind Toyota's 5.1 million and VW's 4.97.


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  • 18 Comments
      LW
      • 4 Months Ago

      Does hyundai count ships in its vehicle/revenue total?  What about rice cookers and kimchee fridges?

      Skicat
      • 4 Months Ago

      When arrogance and greed outweigh smarts and integrity, they are bound to sink any company.

      Larry Litmanen
      • 4 Months Ago

      How can GM be making less money now, 0bama raised taxed so many times in last few years.

      Dean Hammond
      • 4 Months Ago

      Net would interest me more, after all, all those recalls cant be cheap....for ANY manufacturer

      Jim R
      • 4 Months Ago

      Could their fall to #3 have anything to do with the fact that they've recalled every car they've made in the last ten years? Or are people finally realizing that GM builds crap cars and they'd be better served in a Kia?

      imag
      • 4 Months Ago

      It is stunning that Daimler is third in revenue.  I know they have a commercial truck line, but it is still seriously impressive to beat out Ford, Fiat Chrysler, Honda, etc..

        Yost
        • 4 Months Ago
        @imag

        GM had a strong Commercial Vehicles presence but sold it off to concentrate on its "core" business. Obviously that has not worked out so well.

        Both VW and Daimler are very strong in Commercial Vehicles.

        Joe Liebig
        • 4 Months Ago
        @imag

        I was really surprised too. Maybe it's because they are 'so stupid' (as commenters on autoblog would say) to sell their cars at higher prices than the competition.

      Plan B
      • 4 Months Ago
      About 180k cars sold separate Toyota, GM and VW. That's practically a 3 way tie as far as I'm concerned.
      FRENZIED
      • 4 Months Ago

      GM only has three cars worthy of desire (based purely on exterior appearance).  The Camaro, Cadillac ELR and possibly the Corvette.  Everything else they have is a beauty-lack.  Having said that, Toyota does NOT have cars that are anymore beautiful.  However, their reliability compensates for that.  

      D.v. Petru
      • 4 Months Ago

      Fiat's truck division is not part of Fiat Chrysler Automobiles but of Fiat Industrial, so this industrial conglomerate is not far behind GM in revenues, but of course they are split companies and cannot be counted together

      lrx301
      • 4 Months Ago


      I think there is an accounting issue. The GM revenue is way low. Normally, GM has an annual revenue around 150B USD.

        Fastredzonda
        • 4 Months Ago
        @lrx301

        The article states that the revenue is for the Q1 of 2014. Annualize the $39b, it comes out to roughly $156B

      MANARC100
      • 4 Months Ago

      Wow if VW could figure out how to make and sell cars for the US market they would be the biggest in the world.  

        Bufford Buchanan
        • 4 Months Ago
        @MANARC100

        Are you referring to reliability?  They still haven't figured that one out yet.  Amazing that they sell so well.

        Yidong Zhang
        • 4 Months Ago
        @MANARC100

        They are already the biggest, however they still don't know how to make a car for the US market or people just doesn't like VW style.... :)

      alexp
      • 4 Months Ago

      The bookkeeper management,and STEAL,for the last 40yrs.

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