Who is Chevrolet owned by?
Chevrolet is owned by General Motors (GM).
Chevrolet operates as a key brand within General Motors, the American multinational corporation that designs, builds, and markets vehicles worldwide. GM oversees Chevrolet's product strategy, manufacturing, and global distribution as part of its broader portfolio alongside GMC, Cadillac, Buick, and other brands.
Ownership structure at a glance
Here are the core facts about Chevrolet's ownership within General Motors:
- Chevrolet is a division of General Motors Company (GM).
- General Motors is a publicly traded company on the New York Stock Exchange under the ticker GM.
- GM owns multiple brands, including Chevrolet, GMC, Cadillac, and Buick, coordinating a global portfolio of vehicles.
- Chevrolet operates under GM's governance, with product development, manufacturing, and marketing aligned to GM's strategy.
In practice, this structure means Chevrolet's strategy, new model development, and distribution are guided by GM's corporate leadership and financial oversight.
Historical context
GM's ownership of Chevrolet reflects a long-standing corporate relationship that has evolved through expansion, restructuring, and resilience. Chevrolet has remained a flagship brand within GM since GM acquired the company in 1918, with the broader corporate structure enduring through periods such as GM's 2009 bankruptcy and subsequent restructuring. Today, Chevrolet is positioned as a core contributor to GM's global operations and profitability.
Ownership milestones timeline
Key events that shaped Chevrolet's place within General Motors:
- 1911: Chevrolet founded by Louis Chevrolet and William C. Durant.
- 1918: General Motors acquires Chevrolet, placing it under GM's umbrella.
- 2009-2010: GM undergoes bankruptcy restructuring, with the U.S. government providing support during the period; government ownership was subsequently reduced and exited.
- Present: Chevrolet remains a core GM brand, with product lines and markets aligned to GM's global strategy.
These milestones illustrate how Chevrolet has remained integrated within GM's corporate framework, rather than operating as an independent entity.
Summary
Chevrolet is owned by General Motors Company (GM), a publicly traded American multinational corporation. GM acts as the parent company and governance body for Chevrolet, alongside other brands like GMC, Cadillac, and Buick, guiding the brand's strategy, manufacturing, and global distribution.
