GM Shares Surge 15.66% as State Street Buys 5.1% Stake Amid EV and AV Drive
By ATTN Desk · Editorial oversight: Sean Han
Introduction
General Motors Co (GM) is an American multinational automotive manufacturer headquartered in Detroit, Michigan. Established on September 16, 1908, GM designs, builds, and sells vehicles under four core brands—Chevrolet, Buick, GMC, and Cadillac—and operates a global network of over 150 U.S. facilities, including assembly plants and technical centers.
Corporate Structure
According to LinkedIn, GM employs more than 10,000 people across engineering, manufacturing, software, and corporate functions. Its organization comprises three reporting segments: GM North America, GM International, and GM Financial. GM also maintains partnerships in China (SAIC-GM-Wuling) and has a division that produces defense vehicles for the U.S. government.
General Motors by Elishia Jayye
Developments and News
• On October 21, 2025, GM shares closed at $67.0820 on the New York Stock Exchange, up 15.66% on a volume of 16,970,783.
• The Form 8-K filed on October 21, 2025 (items 2.02 and 9.01) contained standard HTML and JavaScript without new financial or narrative disclosures.
• A Form 8-K filed on October 14, 2025 (item 2.06) similarly presented template language without substantive updates.
• In a Schedule 13G filed on August 11, 2025, State Street Corporation reported beneficial ownership of 48,706,138 GM shares (5.1% of common stock) as of June 30, 2025.
• In 2022, GM regained U.S. market-share leadership with 17.0% of light-vehicle sales after supply chain challenges in 2021.
• GM announced plans to end production of internal combustion vehicles by 2035 and achieve carbon neutrality by 2040, though these targets have been adjusted as of 2025.
Financial and Strategic Analysis
Key performance metrics for the trailing twelve months (TTM) and as of market close on October 21, 2025, are shown below:
| Metric | Value |
|---|---|
| Stock Price | $67.0820 |
| Market Capitalization (intraday) | $63.048 billion |
| P/E Ratio (TTM) | 10.05 |
| EPS (TTM) | $6.55 |
| Revenue (TTM) | $187.6 billion |
| Net Income (TTM) | $6.52 billion |
| Total Cash (MRQ) | $20.94 billion |
| Debt/Equity Ratio (MRQ) | 200.19% |
| Profit Margin | 2.55% |
| Return on Assets (TTM) | 2.27% |
| Return on Equity (TTM) | 6.96% |
Strategically, GM continues to invest in electric vehicles (EVs), advanced driver-assistance systems, and autonomous vehicle research. Its Cruise subsidiary has shifted focus to personal AVs following a 2023 incident involving a robotaxi.
Market Position and Industry Context
By total sales, GM has long been the largest U.S. automaker and was the largest globally for 77 years until 2008. The company competes with established manufacturers (Toyota, Volkswagen), legacy domestic rivals, and EV specialists such as Tesla. GM’s diversified portfolio spans internal combustion engines, EVs, and commercial vehicle lines. Regulatory pressures concerning emissions and safety standards, as well as global semiconductor availability, remain key industry challenges.
tl;dr
On October 21, 2025, GM shares closed at $67.08, reflecting an increase of 15.66% amid significant trading volume. As of June 30, 2025, State Street Corporation holds a 5.1% stake in GM. The company’s financial profile includes a P/E ratio of 10.05, TTM revenue of $187.6 billion, and cash reserves of $20.94 billion. GM is focused on expanding its EV offerings and advancing autonomous driving technologies while pursuing carbon neutrality goals set for 2040.