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neral Motors ranked second on the list with 8.5 million units produced globally. In 2011, GM returned to the first place with 9.025 million units sold worldwide, corresponding to 11.9% market share of the global motor vehicle industry. The top two markets in 2011 were China, with 2,547,203 units, and the United States, with 2,503,820 vehicles sold. The Chevrolet brand was the main contributor to GM performance, with 4.76 million vehicles sold around the world in 2011, a global sales record.In May 2013, during a commencement speech, then CEO Dan Akerson suggested that GM was on the cusp of rejoining the S&P 500 index. GM was removed from the index in 2009, prior to its bankruptcy.On April 24, 2014, CNNMoney reported that GM profits fell to $108 million for the first three months of 2014. GM now estimates the cost of their 2014 recall due to faulty ignition switches, which have been linked to at least 124 deaths, at $1.5 billion. Shares of GM were down 16% for the year before the new a
 nnouncement of GM's lower profits.On January 4, 2016, Fortune reported that GM led a $1 billion equity financing in the transportation network company (TNC) Lyft.com. This was GM's first investment in the ride-sharing ventures and its reported participation ($500,000,000) in the round is considered to be indicative of its efforts towards the future of transportation, which it believes will be "connected, seamless and autonomous".As a result of the COVID-19 pandemic, in July 2020, the company reported a $758 million net loss for the Q2 of 2020. Despite profit decline, it was less than financial analysts predicted as a consequence of pricey pickup trucks sales. In September 2020, GM and Honda announced an alliance that proposes cooperation on purchasing, research, and vehicle development.After being criticized for not advertising enough in Black-owned media, General Motors said in April 2021 that it will spend 2% of 2021's advertising budget in Black-owned media and 4% in 2022 until r
 eaching 8% in 2025.Currentoard of DirectorsAs of February 2017:Mary Barra, Chairman and CEO of Gene

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