Angela Hodge
General Motors (GM) Overview and History:
Is an gentleman(prenominal) automaker, which was founded in 1908. The companys main headquarters is set in Detroit, MI. And is ranked 2nd in comparison to the Toyota Corp. in the global sales market as of 2008. Currently GM manufactures a plethora of different vehicles within the automotive markets such(prenominal) as; Buick, Cadillac, Chevy, GMC, and GM Daewoo.
As of 2009 the company is estimating there allow be more than 23,000 jobs cuts by 2011 according to Business Weeks GM Corp. business profile report. Along with a 40% forfeit of its subsidiary brand Pontiac, to help to avoid bankruptcy.
Vision Statement
The GM vision is as follows: GM vision is to be the world leader in transportation products and related services. GM willing earn our customers enthusiasm through continuous improvement operate by integrity, teamwork, and innovation of GM people.
Mission Statement
Drive improvements in market share, revenue, brands, people, responsiveness and cost effectiveness through capital punishment of global common metrics and best practice sharing.
GM Corp. Value Line:
Investment Value Line graph from Business Week. (As of 4:00 PM. 4/29/09 Market information by Reuters).
Financials Summary:
General Motors Corporation is engaged originally in the development, production and marketing of cars, trucks and vehicle parts/accessories. The Company develops, manufactures and markets vehicles globally. In addition to its automotive capacity the companys finance and insurance suites are primarily ran through provided another subsidiary; General Motors Acceptance Corporation (GMAC). GMAC is a the financial branch of the GM Corp. that is solely responsible for the companys different banking needs such as, private and commercial message insurance accounts and that also range to residential mortgages.
Current G.M. give-and-take:
Currently according to The Wall Street Journal, GM is soon in...If you want to get a full essay, order it on our website: Orderessay
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