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General Motors/Opel, Recovery Plan for Europe. Gm Wants to Close the Opel Factory in

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General Motors/Opel, Recovery Plan for Europe. Gm Wants to Close the Opel Factory in
Established in 1908, General Motors, also known, as GM or GMC with it’s headquarters based in Detroit, is the world’s 2nd largest auto company in sales revenue behind Toyota which took the lead in 2006. General Motors reigned as the global leader in the automobile industry for the last 76 years, longer than any other automaker. Their business operates in 140 countries with an employment of approximately 212,000 people. Their European headquarters is based in Zurich, Switzerland. Also 2006, 9.1 million GM cars and trucks were sold globally under the following brands: Buick, Cadillac, Chevrolet, GMC, GM, Daewoo, Holden, Hummer, Opel, Pontiac, Saab, Saturn, and Vauxhall.
Although this company has been holding a recommendable reputation in motor vehicle industry, there are numerous challenges and opportunities that this company has been facing in the global market. General motors therefore has many subjects to handle in a global market, some being an advantage to the company while others challenge the company viability in the global platform. Some of these issues are globalization, finance, management, political business interference, competition and Social challenges. These subjects affect the company directly and indirectly hence being reflected in the company performance at the end of every financial year.
General Motors is a Multi-national Company and is therefore subject to the influence of several global factors among them culture, different financial systems, political differences and global competition. Regional politics have also affected general motors performance in the world market in major ways. It is widely known that GM cannot sell its products in some regions. In the fact that General Motors is closely associated with Americans (Christians), other regions that oppose Americans agenda, in a world platform, find it unnecessary to consume products from America. This political move is not economical and has effected GM`s performance. Opponents of the GM


Cited: "Our Company." Gm.com. N.p., n.d. Web. 03 Apr. 2013. "History & Heritage." Gm.com. N.p., n.d. Web. 03 Apr. 2013. Pleitgenin, Fred. "Opel Workers Strike after GM Abandons Sale." CNN. Cable News Network, 06 Nov. 2009. Web. 03 Apr. 2013. Henning, Dietmar. "GM 's Recovery Plan for Opel: Death by a Thousand Cuts -." Wsws.org. N.p., 25 Feb. 2010. Web. 03 Apr. 2013. "Opel to Shut Down Car Assembly at Bochum Germany Plant in 2016." Online posting. Http://www.spiegel.de. N.p., 10 Dec. 2012. Web. 03 Apr. 2013. Miller, J. "Labor Costs Aren 't the Same as Wages Earned." FactCheck. N.p., 11 Dec. 2008. Web. 03 Apr. 2013. Heller, Robert. "Business Structure:." Thinkingmanagers.com. N.p., 07 July 2008. Web. 03 Apr. 2013. McGhie, Tom. "The Driving Force behind the Survival of Vauxhall." The Mail on Sunday [London] 28 Mar. 2010: n. pag. Print.
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