GM financial analysis
table of contents
I-COMPANY INFORMATION
COMPANY HISTORY 2
COMPANY STRUCTURE & MANAGEMENT 3
PRODUCTS & SERVICES 4
MOST RECENT COMPANY EXPENSIONS & INVESTMENTS 4
GENERAL MOTORS CHALLENGES & OPPORTUNITIES 5
II-INDUDSTRY CONDITION & COMPETITORS
AUTOMOTIVE INDUSTRY & COMPETITORS 6
AUTOMOTIVE INDUSTRY CHALLENGES 7
INDUSTRY OPPORTUNITIES 8
III-RATIO & STOCKS ANALYSIS
GM TREND ANALYSIS 9
GM, FORD & TOYOTA BENCHMARK ANALYSIS 10
STOCK PERFORMANCES 12
IV-CONCLUSION
CONCLUSION 14
V-APPENDIX
COMPANY FINANCIAL STATEMENTS 16
RATIO CALCULATIONS 21
WORKS CITED 27
I- company information General Motors (GM) is one of the biggest automotive manufacturers in the world, and the largest in the U.S. It’s headquarter is located in Detroit, MI. GM has total of 396 facilities in 6 continents and supplies more than 21000 dealers all around the world (almost 1/4th of it is in the U.S.). Its current CEO is Dan Akerson, and it has more than 212,000 employees worldwide. Its board of directors consists of 15 board members .
Company History
General Motors was founded by William Durant on September 16, 1908 in Flint, MI as a holding company for Buick (which was established in 1899). Between 1908 and 1931, General Motors bought Oldsmobile, Chevrolet, Vauxhall, Holden, and Opel and created the Pontiac and Cadillac brands. All these new brands and models diversified its selections. In 1925, GM also moved its headquarters from Flint to Detroit, MI. By late 1920’s, GM became the biggest car company in the U.S. In 1930’s, GM first purchased the Yellow Coach Bus company started to manufacture buses. Second, by stock exchange it took control of North American Aviation (NAA), which GM divested NAA by 1948. In 1937, GM recognized United Auto Workers (UAW) labor union as the only bargaining power for its workers. During WWII, GM manufactured tanks, aircrafts and trucks to the U.S. Government. In 1955, GM became the first American corporation to pay more than $1
I-COMPANY INFORMATION
COMPANY HISTORY 2
COMPANY STRUCTURE & MANAGEMENT 3
PRODUCTS & SERVICES 4
MOST RECENT COMPANY EXPENSIONS & INVESTMENTS 4
GENERAL MOTORS CHALLENGES & OPPORTUNITIES 5
II-INDUDSTRY CONDITION & COMPETITORS
AUTOMOTIVE INDUSTRY & COMPETITORS 6
AUTOMOTIVE INDUSTRY CHALLENGES 7
INDUSTRY OPPORTUNITIES 8
III-RATIO & STOCKS ANALYSIS
GM TREND ANALYSIS 9
GM, FORD & TOYOTA BENCHMARK ANALYSIS 10
STOCK PERFORMANCES 12
IV-CONCLUSION
CONCLUSION 14
V-APPENDIX
COMPANY FINANCIAL STATEMENTS 16
RATIO CALCULATIONS 21
WORKS CITED 27
I- company information General Motors (GM) is one of the biggest automotive manufacturers in the world, and the largest in the U.S. It’s headquarter is located in Detroit, MI. GM has total of 396 facilities in 6 continents and supplies more than 21000 dealers all around the world (almost 1/4th of it is in the U.S.). Its current CEO is Dan Akerson, and it has more than 212,000 employees worldwide. Its board of directors consists of 15 board members .
Company History
General Motors was founded by William Durant on September 16, 1908 in Flint, MI as a holding company for Buick (which was established in 1899). Between 1908 and 1931, General Motors bought Oldsmobile, Chevrolet, Vauxhall, Holden, and Opel and created the Pontiac and Cadillac brands. All these new brands and models diversified its selections. In 1925, GM also moved its headquarters from Flint to Detroit, MI. By late 1920’s, GM became the biggest car company in the U.S. In 1930’s, GM first purchased the Yellow Coach Bus company started to manufacture buses. Second, by stock exchange it took control of North American Aviation (NAA), which GM divested NAA by 1948. In 1937, GM recognized United Auto Workers (UAW) labor union as the only bargaining power for its workers. During WWII, GM manufactured tanks, aircrafts and trucks to the U.S. Government. In 1955, GM became the first American corporation to pay more than $1
Cited: Bennett, J. (2013, January 8). CEO Akerson Sets Goals for a Revitalized GM. Retrieved April 1, 2013, from The Wall Street Journal: http://online.wsj.com/article/SB10001424127887323482504578229852571958928.html Constantini, F Deaton, J. P. (2010, November 8). Consumers Holding onto Cars Longer. Retrieved April 1, 2013, from USNews.com: http://usnews.rankingsandreviews.com/cars-trucks/daily-news/101108-Consumers-Holding-onto-Cars-Longer/ Everly, S General Motor Company. (2013, February 15). GM 2012 10-K report. Retrieved April 1, 2013, from U.S. Security & Exchange Commission : http://www.sec.gov/Archives/edgar/data/1467858/000146785813000025/gm201210k.htm General Motors General Motors Press Release. (2012, August 23). GM Commits Next-Gen Chevrolet Cruze to Ohio Plants. Retrieved March 30, 2013, from GM News: http://media.gm.com/media/us/en/gm/news.detail.html/content/Pages/news/us/en/2012/Aug/0823_cruze.html Newman, R OCIA. (2013). Automotive Statistics. Retrieved April 1, 2013, from OCIA: http://oica.net/ Schoenberger, R SEC. (2013, April 1). 10-K Fillings. Retrieved from U.S. Securities and Exchange Commission: http://www.sec.gov/Archives Snavely, B Toyota Motor Company. (2013). Financial Statements. Retrieved April 10, 2013, from Toyota Motor Corporation Global Website: http://www.toyota-global.com/investors/financial_data/ YahooFinance