Business Chief US+CAN Magazine April 2018 | Page 71

8 7 GENERAL

MOTORS

$ 168.4BN WWW . GM . COM

General Motors is an automobile company that provides a variety of vehicles from full size trucks to electric cars under eight different brands : Chevrolet , Buick , GMC , Cadillac , Holden , Baojun , Wulin and Jiefang . Founded in 1908 , the company sells automobiles in 125 countries across 19,000
dealerships . According to Forbes , it has a sales revenue of $ 168.4bn , with a market cap of $ 50.8bn . With headquarters in Detroit , Michigan , it oversees 225,000 employees , and spans across six continents . CNBC reports , however , that General Motors announced the closure of one of its four plants in South Korea , due to sudden rises in labor costs .

$ 177.5BN WWW . CVSHEALTH . COM

The first ever CVS ( Customer Value Store ) opened in Lowell , Massachusetts , in 1963 . Currently , CVS Health is a health service and
pharmaceutical company that employs 250,000 people and brings in a sales revenue of $ 177.5bn , with a market cap of $ 79.8bn . It is 207th on Forbes ’ Global 2000 : Top Regarded Companies , as well as 26th of America ’ s Top Public Companies , and completed purchasing competitor Target ’ s 1,600-plus pharmacies and clinics in 2015 . Fortune reports that this year , CVS raised employee pay by $ 2 an hour , while also now offering a month of paid parental leave .
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