List of Partners vendors. Your Money. Personal Finance. Your Practice. Popular Courses. Business Company Profiles. Key Takeaways GM is one of the largest automakers, producing vehicles in 37 countries and more than a dozen brands. Given its international presence and large vehicle production, GM has established relationships with numerous suppliers around the globe. The company has been investing in electric vehicles and self-driving car technologies.
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Both Ford and GM recognize the importance of improving fuel efficiency and leveraging technology to keep their product lines popular among customers. Many countries, including the United States, have strict laws requiring improvements in fuel efficiency and the amount of environmental pollution created by vehicles. Both companies have significantly reduced the fuel consumption of their overall fleets. Both Ford and GM have also embraced the movement towards all-electric vehicles.
It also manufactures six hybrid vehicles. Hybrid versions are available of all three of the company's most popular models: the Fusion, Escape, and Explorer. GM was one of the first auto manufacturers to jump on the hybrid electric vehicle trend when it produced the Chevrolet Volt, which was since been discontinued. According to the U. Energy Information Administration, the miles per gallon for all motor vehicles have slowly risen from to In , the average stood at Though the Volt was discontinued, GM has not slowed down in its commitment to producing electric vehicles.
In fact, GM has been praised for spearheading the movement. The company announced it will be offering 30 new EVs by , helped by a new technology it produced named the Ultium Platform. According to GM's website, the new technology has been "engineered for range, power, and flexibility to charge fast, run long, and fit every type of vehicle. As the two largest automakers in the United States, Ford and GM are incredibly powerful companies with an immense responsibility to shape the future of global auto manufacturing.
Just as the industry had to adapt to new safety regulations such as the seat belt, the success of either company moving forward will lie in how it can appease consumers who worry about climate change. Accessed June 1, General Motors. Bankruptcy Court. Consumer Reports. Company Profiles. Top Stocks. Your Privacy Rights. To change or withdraw your consent choices for Investopedia. At any time, you can update your settings through the "EU Privacy" link at the bottom of any page. These choices will be signaled globally to our partners and will not affect browsing data.
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Your Money. Personal Finance. Your Practice. Popular Courses. Table of Contents Expand. Ford vs. GM Leads U. Headquartered in Detroit, Michigan, with employees around the world, General Motors is a company with global scale and capabilities.
About Us We stand together to drive the world forward. Everybody in. Electrification Our new Ultium Platform can help put everyone in an EV, bringing the world to an all-electric future. Vehicle Safety Periscope is our holistic approach to engineering safety through a human lens. Path to Autonomous We're pushing transportation options beyond our wildest imaginations with autonomous vehicles.
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