Synopsis: General Motors (hereafter GM) Company‚ one of the world’s largest automakers‚ traces its roots back to 1908 and its annual revenue in 2000 of $185 billion. The company sells 8 million vehicles per years‚ 3.2 million of which are produced and market outside of its North America. GM caught 27 percent share of the North America and 9 percent share of the market in the rest of the world as well as GM captured 12 percent share in the Western Europe in 2000 which is second only to that of ford
Premium General Motors Developed country Developing country
SHANGHAI GENERAL MOTORS: THE RISE OF A LATE-COMER In February 1998‚ the Asian Wall Street Journal‚ sceptical at General Motor’s (GM) investment in China‚ ran a front-page story with the headline‚ “GM bets big on a market littered with casualties.”1 Seven years later‚ in January 2005‚ GM featured once again in the same paper‚ only this time‚ the headline was more positive “GM vehicle sales in China rose 27% in 2004”.2 While Shanghai Volkswagen (SVW) maintained its leadership position with about 25%
Premium Automotive industry Automobile General Motors
EXECUTIVE SUMMARY This paper will explain GM’s most pressing challenges. Overcapacity is negatively impacted their financial results‚ brutal international competition is causing GM to react with target costing strategies‚ rising fuel prices directly impacts their cash flows and complicates capital budgeting strategies and tactics and their ongoing health care and pension costs continue to color their future earning potential. These challenges will be addressed by using performance assessment
Premium General Motors Automotive industry
assessed on the basis of evident understanding and identification of the relevant legal principles‚ analysis and evaluation of the issues‚ quality and depth of research‚ critical and interdisciplinary approach‚ organisation‚ structure and adherence to the USP School of Law guide for legal referencing. Clarity of expression‚ presentation of argument‚ responsiveness to question will also be taken into account. Students are expected to extend research beyond course materials and references prescribed in the
Premium Critical thinking Assessment Essay
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 employs about 327‚000 people around the world. With global headquarters in Detroit‚ GM manufactures its cars and trucks in 34 countries. In 2008‚ 8.35 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 has and is supporting two
Premium General Motors
In 1980‚ General Motors’ executives were faced with a dilemma regarding new plant construction in Detroit‚ Michigan. GM intended to close two of its aging facilities and rebuild new assembly plants at a different site location although still in the Detroit metro area. The only land site matching the construction specifications was a settlement called Poletown‚ Michigan. This township was home to more than 3‚500 residents‚ all of whom would have to be relocated if construction were approved. The
Premium Property Political philosophy Unemployment
executive success and tribulations among GM and Ford‚ known for his charismatic‚ competitive‚ innovative and controversial manufacturing practices and sourcing strategies. Lopez was responsible for the emergency of GM as one of the most cost competitive operations in Europe‚ by working with suppliers to cut component costs. Companies selected to do business with GM would have to bid among each other‚ being the lower bid the winner. This tactic enabled GM to build a large network of suppliers from
Premium Procurement Automotive industry General Motors
the Pontiac LeMans‚ based on GM’s popular German-designed Opel-Kadett (Opel is a wholly owned German subsidiary of GM). Much of the day-to-day management of the alliance was to be placed in the hands of Daewoo executives‚ with managerial and technical advice being provided by a limited number of GM executives. At the time‚ many hailed the alliance as a smart move for both companies. GM doubted that a small car could be built profitably in the United States because of high labor costs‚ and it saw enormous
Premium Management United States Marketing
Denham This case starts in Sept. 2000 which was when Taco Bell was accused of using GM corn in their taco shells because it was not approved for human consumption‚ just animal consumption. According to David Roy‚ the debates are more emotional than logical. That probably has to do with the fear of human nature consuming something genetically modified. Some of the current arguments for the people for GM foods are that people shouldn’t be worried until their research finds danger and we should
Premium Genetically modified food Maize Genetically modified organism
collapsed in 2008‚ GM‚ which had already lost money in 2007‚ plunged deeply into the red. With losses estimated at $14 billion‚ the company was forced to go cap in hand to the government to beg for public finds to help it stave off bankruptcy. Fearing the economic consequences of a collapse of GM‚ the government agreed to loan funds to GM‚ but it insisted that the company have a clear plan charting its way back to profitability. Ironically‚ such a plan was already in place at GM. At the heart of
Premium Electric car Chevrolet Volt Electric vehicle