TABLE OF CONTENTS Executive Summary .2 Current Marketing Situation 3 History/Background .3 Purpose/Mission ...4 Products Offered ..5 Financial Performance .5 Threats & Opportunity Analysis ..6 Demographic Forces 6 Economic Forces .8 Natural Forces .8 Technological Forces .10 Political Forces ..11 Cultural Forces ...12 Competitive Forces 12 Marketing …show more content…
to produce a V-type, water-cooled, eight-cylinder engine, and the first to use a thermostat control cooling system (1914). As if this were not enough, GM consolidated all GM truck production (GMC) in Pontiac, Michigan (1915), and purchased Chevrolet Motor Company only five years later. The buying of automobile companies in GM's early days would soon expand to include more GM purchases and agreements, new lines of parts and gear, and an unprecedented move, on the part of GM executives, to become some of the biggest stockholders in the company. Aligning interests of management with interests of stockholders, GM set a precedent for making leadership accountable in a business where the goal was to provide "a car for every purse and purpose" (www.gm.com/company/corp_info/history/gmhis1910.html). Purpose/Mission While the initial mission of GM was to provide a car for everyone and everything, its current mission statement is more reflective of the modern times in which the company is operating and the demands that come to a company as a result. Rick Wagoner, Chairman and CEO of GM recently stated: As it has for nearly a century, General Motors plays an important role in the lives of countless people around the world, in the global economy, and in the auto industry. Against an ever more competitive and challenging backdrop, GM remains committed to leading not only from a business standpoint, but economically, socially and environmentally as well.
· The Chevrolet (also owned by General Motors) is a product which will bring a lot of opportunities in terms of sales in the future which can help the profitability of Holden/General Motors
Creation, acceleration and emotion are the key components for any automobile industry to deliver its goods to the expected standards. General Motors, popularly known as GM has been a pioneer in the global autoindustry for more than 100 years. Developing from horseless carriages to the latest sports cars, innovations have always excelled at putting the world on wheels. In fact, there are a lot of exciting things to share about the company. GM’s corporation started in 1892 by R.E. Olds, with a solid financial foundation, which enabled him to produce great vehicles for customers and build a bright future for employees, partners and shareholders. GM slowly initiated its staff of experts in the factories which are located in different parts of the globe and acquired the brands like Chevrolet, Pointiac, GMC, Buick, Cadillac(General Motors Corporation, 2015). Leading the way is their tailored leadership team who set high standards for the company so that they can produce the best cars and trucks. This means that GM is committed to deliver vehicles with compelling designs, flawless quality and reliability, leading safety, fuel economy and commercial features. All are intended to create that special bond that can only happen between a driver and a vehicle. General Motors is a customer driven company and aims at earning customers
General Motors was founded by William Durant on September 16, 1908. At its inception, GM owned only the Buick Motor Company, but acquired Oldsmobile, Cadillac and Pontiac within ten years of its formation. Demand for automobiles heightened between 1910-1929, allowing General Motors to set the standard for production, design and marketing innovation. GM diversified their selection and opened more than a dozen new plants outside of the United States. In 1927, the head of GM's design studio, Harley Earl, designed the LaSalle which marked the beginning of true automotive design as it was far less boxy than the Ford Model T. "In 1940, former GM President William Knudesen was chosen by President Roosevelt as Chairman
General Motors Corp. (NYSE: GM), the world's largest automaker, has been the global industry sales leader for 76 years. General Motors was founded 1908, in Flint, Michigan and currently employs approximately 284,000 people around the world. GM's global headquarters is the Renaissance Center located in Detroit, Michigan, USA, They currently manufacture their cars and trucks in 35 different countries. Its European headquarters are based in Zurich, Switzerland, and its Holden headquarters are located in Melbourne, Victoria, Australia. In 2007, 9.37 million GM cars and trucks were produced globally under the following 12 brands: Buick, Cadillac, Chevrolet, GM Daewoo, GMC, Holden, Hummer, Opel, Pontiac, Saab, Saturn and
General Motors is an American multinational organization that headquartered in Michigan and make all types of vehicles. After reading the article, The GM Culture Crisis: What leaders must learn from this culture case study, we can say that General Motors or GM, has a dysfunctional company culture (Kuppler, & Kuppler, 2017).
General Motors enjoys a major market share in global automotive industry. One of its major strengths is its strong branding and market position. General Motors can be considered as one of the pioneers of modern vehicles. As per data monitor, GM had a leading share in North America and South America and in Europe it held fifth position. Similarly, it holds second position in other major segments. GM bears a strong branding. A lot of prestigious brands are provided by General Motors such as Chevrolet, GMC, Buick, Cadillac and Opal. Like Toyota, GM also has various production facilities in 31 different countries. This strong global presence allows GM to have access global markets way easily as compared to manufacturers with centralized structures. Thus, GM relies less on exports, manufactures its brands locally and is also involved in
General Motors is one of the most highly decorated American car manufacturers in the world. Winning top honors from the Global Supply industry (Awards). General Motors earns countless awards throughout the brands of the company year after year. Founded in 1897 by William Durant, General Motors is one of the world’s largest car manufacturers. With Mary Barra’s leadership, General Motors produce cars, trucks, and hybrids. GM owns 18 brands, but their most famous makes are Cadillac, Chevrolet, Buick, and GMC (GM Profile). The purpose of this paper is to pinpoint General Motor’s strengths, weaknesses, opportunities, and threats.
General Motors (GM) has gone through many types of organizational decision-making and learning since its initial conception in 1908. The large American auto-maker has used the various types of decision-making models before choosing one that works the best for them. The organization has improved its decision-making over its long history. GM has done a fair job of ridding harmful cognitive biases that can drive up the cost of operating a multi-divisional car company. They instituted new organizational learning across the whole organization to regain its potential edge over the competition.
GM is an part dealer and a car industry, which means they own other companies and different models. With the most popular GM car make is the Chevy. With the Silverado,cobalt, blazer, and many many many! More. And GM having the GMC which is very popular.The Cadillac the Pontiac. And the most
General Motors (GM) is a motor vehicle company that is involved in designing, manufacturing, marketing, and distributing vehicles and vehicle parts. The company began in Flint, Michigan with founder William “Billy” Durant in 1908. Durant’s philosophy and strategy was to “[build] a car for every purse and purpose” that would change the world of automobiles and transportation for consumers. General Motors entered the global market in 1982 beginning with Zaragoza, Spain and slowly branched out to 35 other countries all across North and South America, Europe, Asia, Africa, and Oceania. Thirteen brands that General Motors produces vehicles for are Alpheon, Chevrolet, Buick, GMC, Cadillac, Holden, HSV, Opel, Vauxhall, Wuling, Baojun, Jie Fang, and UzDaewoo. General Motors proceeded to follow along with technological advances and economy friendly automobiles through series of hydrogen powered fuel-cell vehicles and gas efficient cars.
I. Brand Overview – Chevrolet a. History Chevrolet is an American made automotive brand that was co-founded in Detroit, Michigan in 1911 by Louis Chevrolet, a Swiss racecar driver and automotive engineer and William “Billy” Durant, the founder of GMC. When Durant was forced from the GMC Corporation and he regrouped with Chevrolet to develop a new car. Durant believed Chevrolets reputation in racecar driving industry was a great marketing strategy to help sell the car; therefore it was named after Chevrolet. The first car created was the Series C Classis Six, selling for around $2,100.
It all began in the fall of 1908, when a visionary with the aim of revolutionizing the automobile industry in the US, capitalised General Motors. His name was William C. Durant and he soon acquired more than twenty companies. General Motors was going to provide tough competition to the already existent Ford which was founded by Henry Ford in 1903.
General Motors, more commonly known as GM, is considered, “an emblem of the American spirit, a once and future symbol of America’s success” (Harris, 2010). GM was founded in 1908 and attributes its period of Globalization to the 1980s and 1990s. In 2008, GM filed for bankruptcy during the financial crisis. Today GM has reinvented itself as a four-brand company including Chevy, Buick, GMC, and Cadillac. As an American brand, GM has transitioned through periods of Globalization including state-led globalization and Neoliberal Globalization, and struggles to maintain both global and domestic images.
At that time General Motors only owned Buick, in 1909 Durant bought more and more brands such as Cadillac or Pontiac.
General Motors, the world’s largest vehicle manufacturer took the industry leadership from Ford Motors Company in 1931. With its customer oriented objective and significant marketing programs, GM protected its position since then.