GENERAL MOTORS CORPORATION & THE VOLKSWAGEN GROUP INTERNATIONAL FINANCIAL STATEMENT ANALYSIS Group Members Jose Cervantes Hilda Patricia Moreno Aracelis Nass Keila Urdaneta Florida International University ACG 6255 International Accounting Professor Leonardo Rodriguez Summer 2008 TABLE OF CONTENTS Objectives ………………………………………………………………………………………………………………………………………………………3 The Automotive Industry ……………………………………………………………………………………………………………………………….4 The Automotive
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“Financial Reporting Problem” By Yansel Padilla General Motor (GM) provides their records assets in their yearly statement in which they provide to the public in December before the end of the year. Some of the assets mentioned on their balance sheet are in sequence of liquidity to make sure that the investors can see how much money is available in case they require the capital for growth or debts. It is extremely important for the administration to be conscious at all times of the business asset
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States government have assumed control of General Motors? If you were to read a story in the news that a government had assumed control of a private company‚ what country might come to your mind? Possibly Russia‚ Cuba‚ China‚ maybe even Vietnam? Probably the United States would be the furthest from your mind. Not everything the United States government does should be considered socialistic‚ but obtaining control of the private company General Motors was an act of socialistic behavior. As Lake
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MGT 4123 Business Policy Case Analysis September 27‚ 2009 Student Name: Adam Gher Case Name: General Motors I. Mission To develop and grow a performance-based‚ world-class‚ competitive diversity supply base that will work with General Motors towards its goal of being the market leader in the automotive industry. G.M. is a multinational corporation engaged in socially responsible operations‚ worldwide. It is dedicated to provide products and services of such quality that our customers
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of “something out of nothing” whereas it actually is “the radical and effective change of something understood deeply” (Robinson and Hackett 1997). General Motors is certainly trying to appreciate this‚ and the company is always seeking to bring new products - or improvements to their current products - to market. COMPANY BACKGROUND General Motors Corporation‚ also known as GM‚ is the world ’s largest automaker and has been the global industry sales leader for 75 years. Founded in 1908‚ GM today
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General Motors General Motors is a well known American company that is responsible for the fabrication and production of vehicles under others subsidiaries or brands such as Buick‚ Chevrolet‚ Cadillac‚ GMC‚ Oldsmobile‚ and Pontiac. Besides of the American brands there are other brands working through joint ventures like Opel‚ Wuling‚ Vauxhall‚ Holden‚ and Faw Jiefang. It seems to be an interesting strategy of market power the diversity of vehicles and models oriented to satisfy the necessity of the
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GENERAL MOTOR At the new General Motors‚ they are passionate about designing‚ building and selling the world’s best vehicles. This vision unites of GM as a team each and every day and is the hallmark of their customer-driven culture. Based on an article published by Uncommon Thought in 2005‚ one of the biggest concerns relating to the day to day operations of General Motors was the increasingly erratic cost of fuel. Because GM relies on a steady supply of fuel for transportation of their vehicles
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SWOT analysis of General Motors This is a General Motors Company SWOT analysis for 2013. For more information on how to do SWOT analysis please refer to our article. Company background General Motors Company (GM) is a corporate that designs‚ builds and sells cars and trucks. Name Industries served Geographic areas served Headquarters Current CEO Revenue Profit Employees Main Competitors General Motors Company Automotive Worldwide U.S. Daniel Akerson $ 152.3 billion (2012) $ 4.9 billion (2012)
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General Motors Corp.‚ the world ’s largest automaker‚ has been the global industry sales leader for 75 years. Founded in 1908‚ GM today employs about 327‚000 people around the world. With global headquarters in Detroit‚ GM manufactures its cars and trucks in 33 countries. In 2005‚ 9.17 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. GM operates one of the world ’s leading
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Running head: GENERAL MOTORS Assignment #5 General Motors DeAndre Daniels Strayer University Financial Management FIN 534 Dr. Ron 06-September-2011 Summary 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
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