Stratrix
On the Record · General Motors

General Motors acquisitions, on the record

The businesses General Motors bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
SoftBank's equity ownership stake in Cruise
Word for word“In March 2022, under the Share Purchase Agreement, we acquired SoftBank's equity ownership stake in Cruise for $2.1 billion and, separately, we made an additional $1.35 billion investment in Cruise in place of SoftBank.” 10-K for 2022
acquisitionIn March 2022$2.1 billion
Opel/Vauxhall Business
Word for word“In 2017, we sold the Opel/Vauxhall Business to PSA Group (now Stellantis) under a Master Agreement (the Agreement).” 10-K for 2022
divestitureIn 2017—
European financing subsidiaries and branches
Word for word“We also sold the European financing subsidiaries and branches to Banque PSA Finance S.A. and BNP Paribas Personal Finance S.A.” 10-K for 2022
divestiture——
noncontrolling interests in Cruise
Word for word“We are pursuing the acquisition of the noncontrolling interests in Cruise, and as of December 31, 2024, we owned approximately 97% of Cruise.” 10-K for 2024
agreed acquisition——
SoftBank Vision Fund (AIV M2) L.P.'s Cruise Class A-1, Class F and Class G Preferred Shares
Word for word“Cruise Preferred Shares In March 2022, we acquired SoftBank Vision Fund (AIV M2) L.P.’s (SoftBank) Cruise Class A-1, Class F and Class G Preferred Shares for $ 2.1 billion and made an additional $ 1.35 billion investment in Cruise in place of SoftBank.” 10-K for 2024
acquisitionMarch 2022$ 2.1 billion
Cruise noncontrolling interests
Word for word“In February 2025, we acquired all of the Cruise equity interests held by noncontrolling shareholders.” 10-K for 2025
acquisitionFebruary 2025—
Cruise common shares and Class F and Class G Preferred Shares held by noncontrolling shareholders
Word for word“Cruise Common and Preferred Shares In February 2025, we acquired all of the Cruise common shares and Cruise Class F and Class G Preferred Shares held by noncontrolling shareholders for an insignificant amount.” 10-K for 2025
acquisitionFebruary 2025an insignificant amount
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)
2016-12-31$804 million
2017-12-31$41 million
2018-12-31$83 million

Deal filings since 2016

Read from General Motors’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023, 10-K for 2022) and the financial data it files with the SEC, as of 2026-01-27. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.