Week 8 Leadership La Toyia Wertz Grantham University BA150 Introduction General Motor Company was created in 1908 as the holding company for Buick. The original name Olds Motor Vehicle Company. Over two decades General Mills polished its standards of quality by producing state of the art driving machines. General Motors brands are the following: Chevrolet, Buick, GMC, Cadillac, Baojun, Holden, Isuzu, Jeifang, Opel, Vauxhall and Wuling. General Motors is based out of Detroit Michigan with over 212,000 employees that work among 396 faculties that span across six continents. Mary Barra is General Motors CEO. Mary is 53 years old, she took over General Motors in January of 2014. She is now the fifth CEO in six years of General Motors. Barra has spent her entire career with General Motors. She has become the first woman to run a major auto maker. She began her career with General Motors in 1980 at the age of 18, at the General Motors Institute as a co-op student at the Pontiac Motor Division. She graduated with her Bachelor’s degree. In 1990 she graduated with her master’s degree in Business Administration from Stanford. Barra is presently the Chief Executive Office for General Motors. She has worked for GM for thirty five years. Prior to being the CEO she served the following position: Executive Vice President Global Production Development, Purchasing and Supply Chain, Senior Vice President Global Development, Vice President of Global Human Resources,
The General Motors Corporation was founded in 1908 and is currently the world’s largest producer of automobiles. Currently, the United States holds the “largest national market” for General Motors. China, Canada, the UK, and Germany follow the United States for GM’s largest markets. General Motors, also known as GM, currently employs people from all parts of the world with an employee population of 326,999 .
General Motors which is also known as GM. The main office is located in Detroit Michigan, but they have locations all over the globe. General Motors designs motor vehicles and also distributes vehicles, parts, and offers financial services. They make vehicles in over 37 countries under thirteen different brands which employees over 200,000 people. They lead in sales for over seventy years from 1931 to 2007, which is longer than any other automaker. This makes them the largest automaker by sales in the country.
General Motors (?GM? or ?the company?) has a rich history longer than a century starting with its corporate organization in 1908. Following its organization, GM acquired its first brand, Old Motor Works, which was followed in 1909 by the purchase of Cadillac for $5.5 million. Two years later, GM organized both General Motors Truck to handle sales of GM?s Rapid and Reliance products and General Motors Export Company to handle export sales out of the US. In 1918, GM purchased Chevrolet Motors. In 1926, GM entered Australia, New Zealand, Japan, Egypt, Uruguay and Argentina through the General Motors Export Company. General Motors Truck became the modern GMC in 1943 when GM acquired the assets of Yellow Truck & Coach. In 1945, GM finally established all of its historical core brands (Buick, Chevrolet, Cadillac, GMC, Oldsmobile, and Pontiac) when the Buick-Oldsmobile-Pontiac Assembly Division, which would be renamed the General Motors Assembly Division in 1965, was formed.
The General Motors Corporation is a multifaceted company but its primary function is the manufacturing of automobiles and light trucks (SIC 3711). The General Motors stock is listed on the New York Stock Exchange and has approximately 1,426,592,046 outstanding shares on the marketplace, as of 10/14/2001. It is headquartered in Detroit Michigan with offices around the world. General Motors has many other operations besides automobile manufacturing including: General Motors Acceptance Corporation Financial Services, Hughes Electronics Corporation, and the GM Locomotive Group. (Disclosure.com)
Let's take a look to General Motors (GM) for inspiration. This company formed the foundation for it's beginnings on September 16, 1908 with William "Billy" Durant, a leading manufacturer of horse-drawn vehicles in Flint, MI. At its infancy, GM held only the Buick Motor Company. Throughout the years, GM would grow to acquire 20 plus companies including Oldsmobile, Cadillac, and Oakland, (otherwise known as Pontiac).
GM faced criticism based on accusations that Mary Barra, its new chief executive officer, was not being paid enough. Like women before her, it seems as if Barra should not be earning less than her male predecessors for doing exactly the same job. On December 10, 2013, GM named Mary Barra to succeed Dan Akerson as CEO who became the first women to ever run a major automaker. Last week, Fox reported that Barra was earning about half the salary of her predecessor, which drew attention on the income disparities that remained between the sexes. According to Fox, "by comparison her predecessor, Dan Akerson, who exited the company Jan. 15, received an annual salary of $1.7 million in 2012, with $7.3 million in short-term stock awards, totaling about $9 million. His compensation did not include long-range incentives. The company did not disclose what Mr. Akerson earned last year"(Kolhatkar). This also reveals how gender discrimination still occurs and that the Equal Pay Act is inefficient: a failure. Moreover, GM has shown stronger profits. "The company turned profits over the last three years and is expected to earn about $6 billion in 2013" (Kolhatkar). This would at least allow them a little room to pay Barra anything less than a male CEO at GM.
Following the formation of General Motors in 1909, the newly-minted company created a new brand named for a road racer, Louis Chevrolet. The Chevrolet marque joined Buick, Cadillac, Oakland and several smaller brands and eventually became the mainstream product line for GM. Today, Chevrolet is one of the largest and most recognizable car brands in the world.
When collectors add another classic car to their fleet they often seek an automobile that 's considered a good investment. Buying a limited or special edition model doesn 't guarantee a rise in value. However, having the supply and demand scenario on your side makes good sense.
General Motors is a company that dedicates themselves to earning costumers for life. The main product that General Motor produces is automobiles for the general consumer. GM also has established contracts with the military and other governmental agencies. GM was formed in 1908 as a holding company for Buick. William Crapo "Billy" Durant was the company owner at the time. During the company's early years, Durant went on a shopping spree for automobile manufacturers. That buy-out of 30 other companies came to an end in 1910. Durant had spent so much money that he was unable to hold his position, because banks were now unsure of the company's financial stability. Currently Mary Barra is Chairman and Chief Executive Officer of
The Auto Company of America, Inc. (ACA) is exposed to a variety of risks but most outstanding is what has been defined as man-made risk.
General Motors Corporation (General Motors or GM) was incorporated on August 11, 2009. Also known as GM, the company designs, builds and sells cars, trucks and automobiles parts globally and headquartered in Detroit, Michigan. The company also provides automotive financing services through General Motors Financial Company, Inc. (GM Financial).
On January 15, 2014, Marry Barra officially became GM’s CEO, and GM has the opportunities to make amends and improve its practices in communications. Barra is leading by example that being truthful
According to GM.com (2009) General Motors Corp. (NYSE: GM), is one of the world's largest automakers which was founded in 1908, in Detroit USA. It manufactures cars and trucks in 34 countries. GM employs 252,000 people in every major region of the world, and sells and services vehicles in some 140 countries. It sells cars and trucks globally under the following brands: Buick, Cadillac, Chevrolet, GMC, GM Daewoo, Holden, Hummer, Opel, Pontiac, Saab, Saturn, Vauxhall and Wuling. Its largest national market is the United States, followed by China, Brazil, the United Kingdom, Canada, Russia and Germany. GM's OnStar subsidiary is the industry leader in vehicle safety, security and information services.
General Motors Corporation (GM) is another leader in the automobile industry. It is located in Detroit and operates in almost 157 countries. It has close to 207,000 employees. Its products are Chevrolet, GMC, Buick and Cadillac. GM revenue was almost $155.4 billion globally during 2013 (Ruiz, 2014).
General Motors is the crucial three is the greatest automakers within the United States and Canada and is normally distinguished by their prevailing size, geography and business model. General Motors operations are normally unionized thereby consequential to the elevated labor costs as compared to the other existing international automakers in the North America. General Motors at one period picked up the whole cost of funding health insurance premiums of its prevailing workers, their survivors and the corresponding General Motors retirees since the United States did not possess worldwide health care system (Kent & Gerald, 2011). The constant fluctuation sales and market share have made General Motors to function below its capability. In the year 2005, it functioned at eighty five percent which consequently led to the manufacture cuts, plants shutting down and layoffs. General Motors commonly depend massively on incentives and subsidies charters to dispose vehicles. This is normally significant in maintaining the operation of the plant which subsequently propelled importance section of the Michigan financial system (Leonard & Melvyn, 2006).