Who owns Chevrolet now?
Chevrolet is owned by General Motors (GM), the parent company behind the brand.
Globally, Chevrolet operates as a GM division, with ownership and strategic direction centralized under General Motors. In China, however, Chevrolet is marketed and assembled through a local joint venture with SAIC, known as SAIC-GM, reflecting the country's market structure and regulatory framework.
Global ownership structure
GM is the sole owner of the Chevrolet brand worldwide, and it sets the brand’s strategy, product lineup, and distribution through its corporate organization.
- General Motors is the parent company and owner of the Chevrolet brand, overseeing branding, engineering, and marketing decisions.
- Chevrolet is one of GM's core brands, alongside Buick, GMC, Cadillac, and others, forming the mass-market lineup in many markets.
- GM is a publicly traded company (NYSE: GM), with ownership spread among public shareholders and institutional investors, and it reports Chevrolet as a brand within its global portfolio.
The Chevrolet ownership structure is therefore direct in most markets: GM owns the brand and guides its future.
Regional specifics: Chevrolet in China
In mainland China, Chevrolet is distributed and produced through a joint venture with SAIC, in keeping with Chinese policy that often requires foreign automakers to form local partnerships.
- The joint venture is SAIC-GM, a collaboration between SAIC Motor and General Motors, through which Chevrolet vehicles are manufactured and sold in China.
- GM maintains strategic influence via its stake in the venture, enabling Chevrolet to adapt its product lineup for the Chinese market.
- This joint venture complements other GM brands in China, such as Buick and Cadillac, which are also marketed through local partnerships.
Thus, while Chevrolet operates in China through the SAIC-GM venture, GM remains a key owner and strategic partner enabling local operations.
Historical context
Founding and GM integration
Chevrolet was founded in 1911 by Louis Chevrolet and William C. Durant and joined General Motors in 1918, a move that anchored the brand within GM’s growing family of vehicles. Over the decades, Chevrolet has evolved into GM’s mass-market brand, embracing a full spectrum of cars, trucks, and SUVs worldwide.
Summary
Chevrolet is owned by General Motors, the parent company that oversees the brand globally. In most markets, GM directly owns and operates Chevrolet as a division. In China, Chevrolet operates through SAIC-GM, a local joint venture, with GM retaining ownership and strategic direction through the partnership. The broader corporate setup places GM at the center of Chevrolet’s ongoing product development and market expansion.
Who is the current owner of Chevrolet?
Yes, General Motors (GM) owns Chevy, along with GMC, Buick, and Cadillac. GM was first launched in 1908 in Flint, Michigan, and the automotive brand has been at the forefront of automotive innovation ever since.
How much of GM is owned by China?
No single entity in China owns a majority of General Motors, but Chinese state-owned enterprises are major partners in GM's China joint ventures, where ownership can be a 50/50 split or have a controlling stake held by the Chinese partner in some cases. For example, in its joint venture with SAIC Motor, SAIC-GM, each company holds a 50% stake. However, in some other joint ventures, such as the one with Wuling, SAIC has a 49% stake, while GM holds 44%.
- Joint Ventures: GM operates through various joint ventures in China with local partners, such as SAIC Motor. These ventures are often 50/50 partnerships, but ownership can vary by the specific venture.
- Controlling Stakes: In some cases, like with the Wuling brand, the Chinese partner holds a controlling stake (SAIC with 49%), while GM retains a minority stake (GM with 44%).
- No Majority Ownership: No single Chinese owner holds a majority share of the entire General Motors company, which is a publicly traded American company. Its ownership is widely distributed among institutional investors and individual shareholders.
Is Chevrolet still American owned?
Is Chevy American? Chevy is owned by General Motors, which owns Buick, GMC, and Cadillac as well. It's headquartered in the United States in Michigan. GM has facilities in 35 countries, including Brazil, Canada, Mexico, and Japan.
Does the Chevrolet family still own Chevrolet?
The History of Chevrolet
While GM owns Chevy now, that wasn't always the case. Chevy was co-founded as an independent company by Louis Chevrolet and William C. Durant on November 3, 1911.
