Who Owns Most Of Chevrolet?

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Who Owns Most Of Chevrolet?

When it comes to automobile manufacturers, ownership can often be a complex and ever-changing landscape. In the case of Chevrolet, a highly popular American car brand, the ownership structure has gone through several transformations over the years. In this article, we will delve into the current ownership of Chevrolet and explore the key entities involved in its majority ownership.

General Motors (GM) – The Parent Company

At the core of Chevrolet’s ownership is General Motors, commonly known as GM. General Motors is an American multinational corporation that designs, manufactures, markets, and distributes vehicles and vehicle parts. Founded in 1908, GM has a rich history in the automotive industry and is one of the largest automobile manufacturers in the world.

1. Background on General Motors

General Motors has played a pivotal role in the development of Chevrolet since its inception. As the parent company, GM has overseen Chevrolet’s growth and expansion over the years. Chevrolet was acquired by GM in 1918 when the brand was already well-established in the United States. This acquisition allowed GM to expand its vehicle portfolio and strengthen its market position.

2. Ownership Structure of GM

As of the time of writing, General Motors is a publicly traded company. This means that the ownership of General Motors is distributed among various shareholders who hold the company’s stock. The largest shareholders of GM include institutional investors, mutual funds, and individual investors. The exact breakdown of ownership can fluctuate due to buying and selling of stocks on the open market.

Institutional investors, such as investment banks and pension funds, often own a significant portion of GM’s shares. Among these institutional investors, Vanguard Group and BlackRock are two of the largest shareholders of GM. These investors hold shares on behalf of their clients, which can include both individuals and other institutions.

United States Treasury Department – A Historical Stakeholder

In the aftermath of the global financial crisis in 2008, General Motors faced severe financial difficulties and filed for bankruptcy protection. To prevent the collapse of this iconic American automobile manufacturer, the United States government intervened and provided financial assistance to GM. As part of the bailout, the United States Treasury Department acquired a significant ownership stake in General Motors.

1. Ownership Stake of the United States Treasury Department

During the time of the bailout, the United States Treasury Department held around 60.8% ownership stake in GM. This majority ownership effectively made the U.S. government the largest shareholder of General Motors and, by extension, Chevrolet. The government’s involvement in GM’s ownership lasted until 2013 when the Treasury Department sold off its remaining shares.

T. Rowe Price – A Major Shareholder

One of the largest institutional investors in General Motors is T. Rowe Price, an American asset management firm. With a long history and established expertise in managing investments, T. Rowe Price has become a major shareholder in various companies, including GM.

1. T. Rowe Price’s Stake in General Motors

As of the latest available data, T. Rowe Price holds approximately 9.8% ownership stake in General Motors. This significant ownership position makes T. Rowe Price one of the largest individual shareholders of GM, consequently having influence over the decisions and direction of the company.

T. Rowe Price’s investment in General Motors reinforces the confidence of institutional investors in the automobile industry and General Motors’ prospects for future growth.

Other Key Shareholders

In addition to General Motors and T. Rowe Price, there are other notable shareholders who own stakes in General Motors. These shareholders can influence the ownership landscape of Chevrolet indirectly through their investments in GM.

1. The Vanguard Group

The Vanguard Group, an investment management company, is among the largest shareholders of General Motors. The firm holds a significant ownership stake in GM through its various funds. The Vanguard Group’s investments in General Motors contribute to its overall ownership structure, impacting the direction and decisions made by the company.

2. BlackRock

BlackRock, another prominent investment management company, also holds a substantial ownership stake in General Motors. Similar to The Vanguard Group, BlackRock’s investments play a role in shaping the ownership structure and direction of General Motors, thereby indirectly affecting Chevrolet.

3. State Street Corporation

State Street Corporation, a financial services and investment management firm, has also invested in General Motors. With its ownership stake, State Street Corporation becomes another influential player in the ownership structure of General Motors and, consequently, Chevrolet.


In summary, General Motors is the parent company and majority owner of Chevrolet. As a publicly traded company, the ownership of General Motors is distributed among various shareholders. Notable shareholders include institutional investors such as T. Rowe Price, The Vanguard Group, and BlackRock. Additionally, the United States Treasury Department held a majority ownership stake in General Motors following the financial crisis of 2008 but has since divested its shares. As ownership structures can change over time, it is important to consult the latest available information to accurately determine the current ownership of Chevrolet.



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