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Financial Performance
Since our foundation in 1908, we have grown to become the world's
largest industrial corporation and full-line vehicle manufacturer.
Throughout our 93-year history, we have consistently sought to be
at the forefront of technology, innovation and creativity, gaining
competitive advantage by embracing change. We experienced strong
competition and rapid change in the global auto industry in 2000,
factors that have become constants of our business at the dawn of
the 21st century. We had our share of achievements, as well as a
few challenges.
Our global revenues reached a record $184.6 billion, up 4.6% over
1999. However, net income from continuing operations totaled $4.5
billion, down $1.1 billion over 1999. More...
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data
Reputation
Our position globally, and relative to our key competitors as one
of the world's most respected companies, has been reinforced by
the [U.K.] Financial Times 2000 survey of the world's most
respected companies. In 2000, we leaped seven places to tenth position,
above Daimler-Chrysler and Ford, ranking 12th and 43rd respectively.
More...
Labor
During 2000, total employment across our worldwide facilities declined
by 3%. Much of this decline was within GMNA, our largest operating
region, where employment declined by 2.3%. Worldwide payrolls from
continuing operations (excluding Hughes) totaled $21.6 billion in
2000, down 1% from $21.8 billion in 1999. This is against the 3%
reduction in employees worldwide between 1999 and 2000. More...
Philanthropy & Community Support
We have a long history of making substantial and varied charitable
contributions to deserving external organizations, bringing wide-ranging
benefits to the communities in which we live and work. These contributions
reach their target group through two primary outlets, the GM Foundation
and GM corporate contributions. In 2000, we contributed $78 million
to charitable causes through cash contributions ($52.7 million),
in-kind donations ($17.4 million) and participation in charity events
($8 million). More...
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