Overview
Description
The General Motors Company CedeAR represents a class of asset known as a Certificado de Depósito Argentino, which allows Argentinian investors to gain exposure to the shares of General Motors Company, a global automotive giant. This financial instrument primarily serves to facilitate investment by providing access to international equities through local markets, thereby avoiding some of the complexities associated with directly trading foreign stocks. General Motors Company is renowned for its extensive range of vehicle brands including Chevrolet, GMC, Cadillac, Buick, and more, impacting industries such as automotive manufacturing, engineering, and technology. The CedeARs enable investors to partake in the performance of GM's diverse business operations, which span across electric vehicle development, autonomous driving technologies, and traditional automotive production. Through such assets, General Motors contributes to the connectivity of global and regional financial markets by allowing streamlined investment opportunities without the need for a direct presence on foreign exchanges. This mechanism underscores the growing significance of cross-border investment avenues in today's interconnected market landscape.
About
CEO
Ms. Mary T. Barra
Employees
162000
Address
300 Renaissance Center
Detroit, 48265-3000, MI
United States
Detroit, 48265-3000, MI
United States
Phone
313 667 1500
Website
Instrument type
Common stock
Sector
Consumer Cyclical
Industry
Auto Manufacturers
Country
Argentina
MIC code
XBUE