General Motors Bankruptcy 2009

  • General Motors

    retirees - Control of the assets .. -Lump sums offer broader, more flexible legacy planning options Cons of lump-sum plan for retirees Investment risk.

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  • General Motors

    its tour through bankruptcy court Wednesday, completing its deal to join forces with the Italian automaker. Skip to next paragraph [pic] William Thomas Cain/Getty Images A General Motors shareholders’ meeting in June 2008 in Wilmington, Del. History shows that outsiders have repeatedly failed to get the Detroit car company to make major changes. Related Adviser Defends U.S. Role in Aiding Automakers (June 11, 2009) Times Topics: Automotive Industry Crisis | General Motors Corporation | Chrysler

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  • General Motors Stratey Report

    General Motors Prepared for: Business Cluster Professors Prepared by: Team 7 Anthony Allio Joseph Allio Lauren Snitcher Nicholai Larroque Gregory Armamdo June 10, 2005 Table OF CONTENTS Introduction 4 Region Analysis 4 North America- GMNA 4 Europe- GME 4 Latin America- GMLAAM 5 Asia/Pacific- GMAP 5 Porters Five Forces 6 Rivalry 6 Barriers to Entry 6 Threat of Substitutes 7 Power of Suppliers 7 Power of Buyers 8 Competitive Advantage

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  • General Motors

    GENERAL MOTORS COMPANY (GM) History of the Company In 1900 New York held an Auto Show where there was a surprise turnout and it showed just how much interest the United States citizens had with automobiles. This enticed many different companies into entering the automobile history to try and meet the growing demand. On September 16, 1908, William “Billy” Durant founded General Motors Company (GM) who at one time was a leading manufacturer of horse-drawn vehicles in Flint, Michigan. Initially

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  • General Motors

    GENERAL MOTORS General Motors HRM 587Analysis Paper Lois Hunter D03569279 9/22/2012 Analysis of General Motors Chief Executive Officers and the Change Leader Culture they portrayed in their at tenure in GM Corporation   Case Study: General Motors Moving Forward “How Many Expert does it take to turn a company around? That is the question that the taxpayers of America are asking. General Motors was once the industry leader in America. General Motors was a fortune 500 Company for

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  • General Motor Bussiness Plan

    General Motors Corporation Restructuring Plan for Long-Term Viability Submitted to Senate Banking Committee & House of Representatives Financial Services Committee December 2, 2008 TABLE OF CONTENTS Page 1. INTRODUCTION ...........................................................................................................4 2. BACKGROUND .............................................................................................................6 3. THE PROBLEM ..................

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  • General Motors

    General Motors ‘Unions’ Mandakini Nidathavolu HRM/531 Human Capital Management March 04, 2013 Janis White General Motors ‘Unions’ General Motors Company is identified as one of America’s biggest automobile manufacturing companies, which has a vast global market. In America the act of unionization is considered as the basic right of each employee, and the government has made the relevant guidelines for the organizations, to provide, and protect this right of the employees. The labor

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  • General Motors

    General Motors Co. (NYSE:GM, TSX: GMM) and its partners produce vehicles in 30 countries, and the company has leadership positions in the world's largest and fastest-growing automotive markets. General Motors, the world's largest auto manufacturer, makes cars and trucks, with brands such as Buick, Cadillac, Chevrolet, and GMC. GM also builds cars through its GM Daewoo, Opel, Vauxhall, and Holden units. Financing and insurance activities are conducted by Ally Financial (formerly known as GMAC), of

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  • General Motors

    Introduction General Motors Corporation (GM), incorporated in 1916, has two core businesses: Automotive and Other Operations and Financing and Insurance Operations. GM participates in the automotive industry through the activities of its automotive business operating segment, General Motors Automotive (GMA), which consists of four regions: GM North America (GMNA), GM Europe (GME), GM Latin America/Africa/Mid-East (GMLAAM) and GM Asia Pacific (GMAP). GMNA designs, manufactures and/or markets

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  • General Motors

    Challenges of “General Motors” Joe Allagree Ohio Christian University General Motors was founded in September of 1908 by William Durant. Durant was a leading manufacturer of hoarse drawn vehicles in Flint Michigan. 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. By the 1920’s the demand for automobiles had grown unexpectedly. General Motors was setting the

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  • General Motors

    This case analysis focuses on the organizational changes GM implemented in the North American market since the announcement of their bankruptcy in 2009. As you may know, General Motors Corporation is a United States based automobile manufacturer and has dominated the American Automobile industry for the past 77 years as measured by global industry sales. As of today, GM operates in approximately 120 countries, providing remarkable innovations, and they employs around 234,000 people on a worldwide

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  • General Motors Report

    De Montfort University | General Motors Report | Joel Adu | | P11260353 | Word Count: 4303 | [Type the abstract of the document here. The abstract is typically a short summary of the contents of the document. Type the abstract of the document here. The abstract is typically a short summary of the contents of the document.] | Contents Executive Summary – Page 3 Introduction – Page 4 – 5 Critical Literature Review – Page 6 – 7 Methodology – Page 8 – 9 Data Analysis – Page 10

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  • General Motors

    Table of Contents Executive Summary………………………………………………….2 History of General Motors…………………………………………...3 General Motors Exports to Argentina………………………………3 General Motors Exports to Brazil…………………………………...4 Trade Agreement between South America………………………...5 General Motors and WW II…………………………………………...6 General Motors in South Africa………………………………………7 General Motors in China………………………………………………7 The Chevrolet Brand…………………………………………………..8 Conclusion………………………………………………………………9 Works

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  • General Motors

    Inside General Motors: Communicating through the crisis By Marc Wright Katie McBride had the hottest seat in internal communications last year as car giant General Motors filed for Chapter 11 in one of the most dramatic melt-downs of the economic crisis.  She came to the IABC World Conference to a sell-out session where she relived her experiences of the last 12 months

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  • General Motors Packard Electric

    Case Study Analysis: General Motors: Packard Electric Division Ufuk Aytacoglu Southern States University – Newport Beach Campus Case Study Analysis: General Motors: Packard Electric Division General Motor’s acquisition of the Packard Company led to a considerable differentiation in the products offered by the Packard Company. Even though the GM struggled throughout the 1980s, the Packard Electric Division of GM grew at rates that were very satisfying for the managers. In year 1990, David

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  • Shanghai General Motors

    Shanghai General Motors The Asian market has been an attractive one for global corporations for many years and of late China has been the region’s crowned jewel of multi-national companies looking to drive revenue and earnings. Therefore, it is no surprise that General Motors saw significant importance in the Chinese market in the 1990s and as such made a concerted effort to penetrate the local automobile industry. But there are several specific reasons why GM found China attractive and as such

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  • Ford vs. General Motors

    Joel Harms 12/12/2013 Business Finance Ford Vs. General Motors I have decided to do my comparison project for my Business Finance class over Ford and General Motors Corporation. They are both car companies that are in the market of making compact, mid-sized, luxury, and SUV classes. They are similar in many ways and are also very different in many ways. General Motors was more affected by the recession of 2007 to 2009 and were part of the great bailout, where Ford was more self-supported

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  • General Motors Bankruptcy 2009

    General Motors Bankruptcy 2009 “After years of losses, the troubled automaker is forced into bankruptcy. GM is set to close a dozen facilities and cut more than 20,000 jobs” (Isidore, 2009, para. 1). After the Second World War, General Motors (GM) conquered the American automotive market capturing 50.7% of its market niche in 1962 (Holstein, 2009). Whether GM was late introducing a new feature or design was irrelevant, Bob Lutz (cited in Holstein, 2009) was quoted as saying "we had such enormous

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  • Swot Analysis of General Motors

    General Motors is one of the world's largest automotive companies. GM’s history starts from 1908, when an enterprising William Durant bought several small companies in the which produced cars, combining them into one company and called this company: «General Motors Company» (General Motors). The company introduced to the world «Buick» trucks which later became famous all over the world. During two years, GM bought about twenty of such small firms. Company’s international headquarters is located in

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  • General Motors and the Financial Crisis

    ........................................................... 8 Exhibits ............................................................................................................................... ......................... 10 Introduction General Motors (GM) is considered a prominent member of the “Big Three” American automotive manufacturers and, until the financial crisis, was composed of eight brands – Buick, Cadillac, Chevrolet, GMC, Hummer, Saab, Saturn, and Pontiac. Representing a quarter

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  • General Motors

    FIM ASSIGNMENT General Motors Prepared by: CharuSingla, CFM Roll #07 AnkitSrivastava, IM Roll #05 Aniket Singh, CFM Roll #04 RakeshJha, CFM Roll #14 Vishal Suri, CFM Roll #22 AbhishekGoel, CFM Roll #02 General Motors 2013 Acknowledgment The project would not have been possible without the kind support and help of many individuals. We would like to extend my sincere thanks to all of them. We are highly indebted to Mr. D.C.Singhal for his guidance and constant supervision as well as for providing

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  • General Motor Bankruptcy

    General Motor bankruptcy Introduction General Motors Company, one of the world’s largest automakers, estimated in 1908. With its global headquarters in Detroit, Michigan, USA.GM employs 209,000 people in every major region of the world and does business in more than 120 countries. GM and its strategic partners produce cars and trucks in 31 countries, and sell and service these vehicles through the following brands:  Buick, Cadillac, Chevrolet, GMC, Daewoo, Holden, Isuzu, Jiefang, Opel, Vauxhall

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  • General Motors Sec 10-K

    ------------------------------------------------- General Motors I. Background and Industry General Motors, along with its competitors, are part of the Automotive Manufacturer (Major) industry of the Consumer Goods economic sector. Companies in this industry make passenger cars and light trucks, as well as chassis for those vehicles. Demand is driven by employment and interest rates while the profitability of the individual company depends on manufacturing efficiency, product quality, and affective

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  • General Motors Scanning

    General Motors Ricardo Villacis 2012 Ricardo Villacis Toshiba 1/1/2012 General Motors Ricardo Villacis 2012 Ricardo Villacis Toshiba 1/1/2012 "GM’s vision is to be the world leader in transportation products and related services. We will earn our customers’ enthusiasm through continuous improvement driven by the integrity, teamwork, and innovation of GM people." "G.M. is a multinational corporation engaged in socially responsible operations, worldwide. It is

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  • General Motors

    General Motors General Motors Corporation has failed to adequately respond to shifts in its general and competitive environments. We will argue that past success led to over-confident management and inertia, causing lack of foresight in anticipating change, and causing it to undertake obligations that now constrain its ability to react. We will first introduce GM’s traditional business strategy, and what its position is relative to its competitors. Then, we will describe GM’s global, economic

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  • General Motors Case Analysis 2014

    Corporate Finance FIN-325 I. General Overview General Motors, also known as (GM), is an American multinational corporation headquartered in Detroit, Michigan. General Motors was founded on September 16th, 1908 in Flint Michigan by William C. Durant as a holding company, or a wholly owned subsidiary for Buick. The company designs, manufactures, and distributes vehicles on all six major continents under 18 brand names. Some of their well-known brand names include Chevrolet, Buick, Cadillac, GMC

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  • General Motors

    General Motors: From Birth to Bankruptcy in 2009 Mission Statement “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 will receive superior value while our employees and business partners will share in our success and our stockholders will receive a sustained superior return on their investment” History, Development & Growth of General Motors General Motors

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  • General Motors Case Analysis

    Case Analysis: General Motors Strategic Issues and Problems General Motors (GM) is the largest industrial corporation among the U.S. automakers. Because of the trends of tighter government regulations and competition from foreign automakers, the company has been challenged of being competitive. In order to improve the current situation, the company is seeking a strategy to develop for next few years. Analysis and Evaluation Currently, GM has two existing Detroit manufacturing facilities that

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  • General Motors Assignment

    General Motors General Motors a company that has been around since 1908 has had its fair share of complications. The recent complications have been because of faulty parts that have not only caused deaths but these parts were ignored until February 14th of this year. This problem hasn’t just sprung up in the last few months this problem has been going on since 2001, almost 15 years. To make this problem even worse GM was just bailed out by the Government of the United States of America in an attempt

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  • General Motors

    RESEARCH PAPER ON GM Introduction "General Motors has no bad years, only good years and better years" (Sloan, 1972). This mantra established in 1950 by former GM president Harlow H. Curtice may have been true at one point, but is called into question today by many, including Wall Street. General Motors Corporation, also known, as GM or GMC is the world’s 2nd largest auto company in sales revenue behind Toyota which took the lead in 2006. General Motors reigned as the global leader in the automobile

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  • General Motors

    General Motors 1 General Motors Annual Reports XACC/290 Principles of Accounting l General Motors 2 General Motors is one of the largest organizations in the

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  • General Motors Case Analysis

    General Motors Case Analyses I. History General Motor was at one time, one of the world’s largest car and truck manufacturers reaching back more than a century in 1908, when William C. Durant founded General Motors Corporation. He brought together 25 independent car companies, which included Oldsmobile, Cadillac and Oakland, known as Pontiac. General motors was just a holding company for these independent car companies. Durant left the General Motors firm in 1911 and went on to be co-founder

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  • General Motors

    General Motors is one of the leading automobile manufacturers in the world. It has been a pioneer in global vehicle sales and one of the widely recognized brands all across the globe. Founded over a century ago, it continues to be among the world's largest automakers in terms of vehicle unit sales . With it's global presence, it offer a range of vehicles in more than 120 countries with vehicle manufacturing units in 37 countries and an employee count of more than 212,000 . In the early 2000's, excessive

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  • Analyzation of General Motors Financials

    Analyzation of General Motors Financials Prepared by: Cynthia Servison April 14, 2015 The amount of property and equipment on the balance sheet for the two most recent years are (dollars in millions) $27,743 (2014) and $25,867 (2013). Depreciation expense is (dollars in millions) $4,187 (2014) and $3,959 (2013). Amounts on the cash flow statement for depreciation is $8,067 (2014). Expenditure incurred on purchase of property, plant and equipment is called capital expenditure. Such an expenditure

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  • General Motors

    General Motors: General Motors Corporation (GM) is a multinational automobile manufacturer created in 1908.its headquarter is in the United States. GM is the world's largest automaker as measured according to the global industry sales. GM is the proud sales leader in the automotive industry for the for the last 77 years. As of 2008, General Motors employs about 266,000 people around the world. It manufactures its cars and trucks in 35 different countries. The famous brands under the umbrella of

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  • General Motors

    General Motors Maren Pöpsel Managerial Finance Ferhat Dastan Table of Contents Introduction 3 Historical Performance and Price 4 Historical Profitability 6 Historical Stockprice 7 Financial Statement Summary 8 Income Statement 8 Balance Sheet 9 Cash Flow Analysis 10 Ratio Analysis 11 Capital Structure 15 Equity Evaluation & Price Target 16 News and Highlights 17 Investment Upsides and Risks 18 Investment Recommendations 20 Introduction General Motor

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  • General Motors Merger

    However, before we knew what happened, GM filed for bankruptcy in 2009 and was forced to shed several brands, including Saturn, Pontiac and Hummer. Many attribute GMs fall from grace to lack of quality, creativity and a furciferous waste of capital. The article by Daniel Roth claims that “only an outsider could deliver the change GM needed to survive” (Roth 2015). As CEO of General Motors, I would absolutely ruffle some feathers upon my arrival. In 2009, Steven Rattner was appointed in overseeing the

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  • Dethroning of General Motors

    Dethroning of General Motors Abstract General Motors, GM was unseated from being the world’s top auto manufacture to Toyota. There were many factors involved which resulted in GM losing its position. This paper will explore several of the factors such as union relationships that resulted in payroll differentials between GM and foreign transplants, legacy costs, and the job banks program. Secondly, poor strategic management decisions including product development and the quality gap issues

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  • General Motors

    General Motors and the Auto Industry: A Strategic Analysis Drexel University Management 450 5/21/2009 Helena Boe, Diane Ketler, Nicole O’Keefe, Andrew Rubenstein, James Siverio Table of Contents Executive Summary 3 A Snapshot of General Motors Today 4 The Strategic Issue Facing GM: Avoiding Bankruptcy 5 The Economy Today 6 History of the recession 6 Economic Climate 7 Stimulus Package 7 Gross Domestic product 8 Inflation Rate 8 Unemployment Rate 8 The Auto Industry Today 9

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  • General Motors Company Analysis

    Introduction The automotive manufacturing industry began in the late 1800’s and has undoubtedly changed mankind forever. General Motors Corporation is one of the leading automotive manufacturers in the world. GM is a corporation that designs, builds, and sells cars and trucks. GM owns 18 brands some of which include Chevrolet, GMC, Cadillac, and Buick. The company operates in 160 countries, employs roughly 207,000 people, and is one of the world’s largest vehicle manufacturers (IBIS World

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  • General Motors

    Click here to try our new website — you can come back at any time January 4, 2016 5:36 pm General Motors/Lyft: waking up in Vegas  Share   Author alerts   Print  Clip  Gift Article  Comments The carmaker’s cleaned-up balance sheet has allowed it to punt on pink ©Bloomberg General Motors is hardly the first reveller to leave Las Vegas with a lighter wallet. But unlike the gamblers who make Sin City glow, the carmaker can legitimately claim its

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  • General Motors Ignition Switch

    Ethical Analysis of General Motors Ignition Switch Scandal Organization Review  General Motors was founded by William Durant on September 16, 1908. At its inception, GM owned only the Buick Motor Company, but acquired Oldsmobile, Cadillac and Pontiac within ten years of its formation. Demand for automobiles heightened between 1910-1929, allowing General Motors to set the standard for production, design and marketing innovation. GM diversified their selection and opened more than a dozen new plants

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  • General Motors

    General Motors Company (GM), the American multinational corporation, is one of the world’s largest car and truck manufactures. Founded in Michigan as a holding company for McLaughlin Car Company of Canada Limited and Buick, and then controlled by William C. Durant. GM has been in business since 1908. The company designs, builds, markets, distributes vehicles, vehicle parts, and sells financial services. From 1931 through 2007, it has been the global industry leader in sales. With its international

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  • General Motors

    General Motors General Motors (GM) has been in business for nearly a century, and in the last four decades, there business has undergone tremendous structural change. In 1962 they had 605,000 employees around the world but now in 2005 they only have 335,000 employees world-wide. Over those 43 years, new technologies and downsizing resulted in a much leaner GM, producing more vehicles with far fewer employees. GM lost $10.6 billion in 2005 and its executives have not announced when the company

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  • General Motors

    in the general and industry environments that affect the U.S. auto industry, and General Motors? In order to find out key forces in the general environments that affect the U.S auto industry, we divide the general environment into six segments: demographic, sociocultural, political/legal, technological, economic, and global. Then, we use Porter’s five-forces model to examining the competitive auto industry environment and then find out key forces that affect General Motors. In general environment

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  • General Motors Case Study

    Case 34 General Motors What are key forces in the general and industry environments that affect the U.S. auto industry, and General Motors? General Motors (GM) has suffered different threats and difficulties that have put in risk the continuity of its production. Before the year 2000, GM has been going through different production, financial, and development problems. Wagoner has tried in different ways to address each problem in order to make GM more successful. Unfortunately

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  • The Collapse of General Motors

    MGX 9660 - International Business Theory and Practice Case n°10: The Collapse of General Motors PHAM Trang (23283300) REBOURG Malcolm (23625678) YAO Aileen (20460996) 1 Table of Contents I - Introduction………..………...………………………………………….….….p 3 II - What are the internal and external factors that contributed to GM’s decline and eventual bankruptcy protection application?……………….....….p 4  Internal Factors...………….……..…………………………...……….……….…p 4  Extenal Factors……….…..…………………………..………

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  • General Motors Case Study

    General Motors Case Study #3 Problem Summary: One of the most serious problems that GM faces is when the firm announced a $10.6 billion loss, which was their first in 12 years. The auditors for General Motors even thought that the firm’s survival was in substantial doubt even if they received the additional $30 billion they were going to borrow from the federal government. The problems have grown as a result of mistakes by GM’s management over the last 30 years. They built up a bloated bureaucracy

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  • General Motors' Crisis Communication Plan

    General Motors’ Crisis Communication Plan Public Relations & Corporate Communications Company Overview General Motors (GM) is an American global car manufacturer headquartered in Detroit Michigan. Employing 202,000 people, GM produces automobiles in 31 out of the 157 countries in which it conducts business. In 2011, GM succeeded in surpassing Toyota and Volkswagen with the largest number of sales worldwide, 9.03 million vehicles1. At the heart of General Motor’s charge is customer satisfaction:

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  • General Motors

    General Motors General Motors History General Motors (also known as GM), is the world’s second largest car manufacturer based on annual sales. GM was founded on September 16, 1908, in Flint, Michigan, as a holding company for Buick, operated by William C. Durant. Later during that year, they established Oldsmobile. The following year, Durant brought Cadillac, Elmore, Oakland and several others. In 1910, William Durant lost control of GM to a bankers’ trust, because of the large amount of

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