Overview and Analysis of General Motors

It appears that they had drifted away from their mission to become and stay the leader of the automotive industry, now their paying the price. Recently, GM’s stock price had fallen from $96 per

General Motors (GM) was one of the premier automakers of the world. Firmly planted as the leader of the big three automakers, GM, Ford, and Chrysler, years of success grounded GM as an economic and cultural icon of American business. As the Japanese auto market grew and became more efficient, turning out improved vehicles that the public wanted, GM was becoming a lumbering behemoth of inefficiency and corporate gluttony. Many circumstances contribute to GM’s road to bankruptcy including high legacy costs in union owned contracts, largely poor design, inferior quality, and low productivity.

General Motors is faced with a dilemma. In the face of economic depression, competition from foreign players was driving down profits and the market’s preference was changing to efficient cars due to

Founded in 1908, General Motors has been one of the largest corporation and the second largest automaker in the world coming after Toyota. For 77 consecutive years from 1931 to 1908, GM has been a leading automaker and marketer as ranked by the total number of units sold yearly. General motors have also been a leading employer not only in the United States but also in other parts of the world where it operates. However, the company has been seriously affected by the current economic crisis. The Detroit Three, led by General Motors have been a backbone of the United States economy and there eminent collapse in the current economy crisis is likely to have negative impacts on the United State’s

General Motors Company, also known as GM, is a multinational corporation. It designs, manufactures, markets, and distributes vehicles in 37 countries. General Motors produces 13 brands: Alpheon, Buick, Baojun, Cadillac, Chevrolet, GMC, Holden, HSV, Jie Fang, UzDaewoo, Wuling Vauxhall, and Opel. The company was featured in this year’s Fortune 500 List. General Motors has a great number of factors that contribute to its high success rate. For example, General Motors has a strong employee base. Its employees are satisfied, loyal, and are the backbone for the company’s success.

This report discusses General Motors Corporation, one of the largest auto manufacturers globally, manufacturing cars and trucks in 34 countries and its subsidiaries. This assignment is an analysis of General Motors Corporation’s financial stability. It is hoped that these findings illustrate the strengths and weaknesses of the company’s common stock as a potential investment opportunity. GM currently focuses on four brands as well as strategic joint ventures with other automotive brands worldwide. GM operates under the core competencies of technology, leadership, large

The aim of this report is to discuss about how GENERAL MOTORS (GM) failed to perform in the previous year’s even though being one of the oldest automobile manufacturer in the history, and the issues will be clarified with pertinent theories and to conclude my analysis

New vision and strategy. After 2008 bailout, GM has encountered real changes and rearranged the way it works together. New individuals were named to the company 's administration group with Daniel Akerson as the CEO. He shook GM 's bureaucratic authoritative culture and acquainted new methodology and dreams with the business. GM got to be littler yet leaner and is turning out to be more cost focused.

Recently there have been doubts concerning the survival of General Motors. These doubts stem in part from the firm’s unawareness of the automotive industry’s external business environment. This includes the consumer’s view of current events and economic trends. There are also key issues such as the emergence of technology that are related to the automobile industry that are covered by trade publications.[i] Doubts also stem from problems associated with G.M.’s internal business environment. These problems likely arose from the firm following the wrong generic strategy.

Purists and loyal customers will always be a part of a market share for long standing reputable companies, but this may be one case where the perfect storm of mistakes took place for GMC. The union strikes, poor consumer research, foreign competition, a non-solvent pension plan and a crumbling economy all coming together at the same time seemingly were to

General Motors Corporation, hereafter referred to as GM, has an impressive history spanning over 100 years. According to GM 's website, GM is the "global industry sales leader since 1931," and their sales are representative of such a business. GM has a responsibility to its stakeholders to remain competitive and profitable. With the decline in the economy dating back to approximately year 2000 and the impact of rising fuel prices, GM found itself in a struggle to remain profitable. Losses in profit coupled with high inventory levels, GM recognized the need for an unprecedented sales promotion to empty its dealerships of the rapidly aging current year models. In June 2005, GM announced its "Employee

General Motors was once a back bone of American economy. It was one of those organizations who were the driving force of American automotive industry single handedly. But like any other enterprise, it has its strengths and weaknesses. Global presence with an impeccable distribution system which ensures a highest reach out couple with strong research and development gives it a competitive edge over its rivals however it has also borne its share of trouble mainly caused by recession. But now that market is picking up again, GM is also showing steady growth.

General motors, or GM as some people refer to the company as, is an automotive manufacturing company. According to the about section on the GM website there are 10 distinctive automotive brands under the General Motors corporate umbrella, they serve 6 continents, have 215,000 employees, and the global headquarters are in Detroit, Michigan. (General Motors). Until 2008, when it was overtaken by Toyota, GM was the world 's biggest carmaker, producing well over 9m cars and trucks a year in 34 different countries. (The Economist, 2009). The late 2000s were tough years on families and companies because everyone was struggling. We saw people getting pay cuts, people losing jobs, companies closing, and a skyrocket in the price of fuel. “The Great Recession—which officially lasted from December 2007 to June 2009—began with the bursting of an 8 trillion dollar housing bubble. The resulting loss of wealth led to sharp cutbacks in consumer spending.” (The State of Working America).

However this strategy is no longer working. With increased foreign competition, changing consumer trends, and a portfolio spread too thinly, GM’s vision to be the world’s largest car producer is no longer a viable goal. The main problem in GM’s decisions over the years was its overly extensive lineup. With such a large and diverse portfolio, GM couldn’t give each brand the attention it needed. (Maynard).

At that time, General Motor's board of directors may have failed to read the market.