Table of Contents Executive Summary General Motors (GM) is one of the big three auto makers of the world (GM‚ Ford‚ and Chrysler) and has historically been the largest and most successful. They have built some of the most famous and classic vehicles on the road which have portrayed messages of both modesty and display of class for a market of consumers who range from working class to music superstar; as Alfred P. Sloan‚ CEO of the 1920s put it‚ GM makes “a car for every purse and
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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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Summary After three years bailed out by the federal government‚ General Motor Co. set a goal of making $10 billion a year which is an unthinkable goal. In 2012‚ GM report 2011 net income about $8 billion and its highest ever campare to 2010 with gain nearly twice which is $4.7 billion are growth in China and strong profit in North America. GM also aims over next several years to raise its profit margin to 10% from current margin of about 6% and would be among the highest in the auto industry. The
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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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General Motors Leadership is one of the most important aspects and challenges a company faces which can influence the effectiveness or an organization. An organization counts on good leadership skills to direct and lead a company into performing and motivating to achieve attainable goals and produce income. According to the General Motors (2007) website‚ they are proud of their group affiliation of the Affinity Group which allows employees and management to link up and produce effective ideas
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company over time (e.g.‚ critical incidents) General Motors (GM) was founded in 1908. William C. Durant brought together 25 independent car companies to form one large corporation. Each company held its own identity as GM operated as central administration office for the 25 divisions. Due to high cost in manufacturing of automobiles‚ GM was only able to target wealthy customers who could afford cars. Then Henry Ford‚ owner and founder of Ford Motor Company‚ revolutionizes the production process
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General Motors was founded in September of 1908 by William Durant during a time that there were less than 8‚000 in the United States. Durant was already known in Flint‚ Michigan for his horse drawn vehicles. “At its inception GM held only the Buick Motor Company‚ but in a matter of years would acquire more than 20 companies including Oldsmobile‚ Cadillac‚ and Oakland‚ today known as Pontiac.”(History & Heritage-Creation‚” 2014) General Motors set the tone in the automobile industry with design
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reducing global greenhouse gas emissions‚ since the full life cycle of the fuel‚ including its transport‚ could lead to higher emissions than conventional petroleum. On the bright side‚ it’s good to see that Mascoma‚ a company partly owned by General Motors‚ that it would help to build a plant in Kinross‚ Mich.‚ that is supposed to make fuel alcohol from wood
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1. What factors accounted for GM’s return to profitability? Explain and provide a rationale for the prospects of continuing this rise. The first thing GM did to help them return to profitability was the revamping of product development. GM had too much focus on the engineering process of development. This led to the difficulty of getting a bold design off the drawing board and through the lengthy development process. Under the lead of CTO John Lauckner‚ GM came up with a streamlined process that
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Pontiac‚ Oldsmobile‚ Saturn‚ Hummer‚ and service brands like Goodwrench were discontinued. Others‚ like SAAB‚ were sold. Main brands: - Chevrolet - Cadillac - GMC - Buick A GLOBAL PERSPECTIVE Today‚ General Motors is the world’s largest automotive company – with operations in more than 120 countries worldwide. In 2011 we sold 9.0 million vehicles. Our business is diversified across products and geographic markets. We meet the local sales and service needs of our retail and fleet customers
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