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External Analysis Module 2 SLP [Pick the date]
General Motors is one of the most prestigious names in the history of automobiles. Founded in 1908, it was basically known for catering the taste of American manufacturers. Once GM was considered to be a vital cell of U.S. economy. Infact, it was said; "where GM goes, so goes the nation." The notion doesn't stand true anymore as GM was bankrupted in 2009 which was later on bailed out because of Government aide. GM is gigantic organization which has a potential of being a market leader if it exploits the opportunities available to it and mitigates the threats caused to it because of changing global scenario.
General Motors has various opportunities in hand which if exploited properly may turn out to be beneficial for this company. As of now, India, China, Russia and Brazil are the fertile regions for GM. Its demand in BRIC nations is increasing exponentially and a deliberate effort can do miracles for it in this region. Now that Toyota is losing...
General Motors Company, commonly called as GM is one of the largest automobile manufacturers in the world. It is an American multinational corporation headquartered in Detroit, Michigan. It has business operations in more than 157 countries around the Globe. It was founded in 1908 as General Motors Corporation; and renamed as General Motors in 2009. The top brands of the company include Chevrolet, Isuzu, GMC, Jie Fang, Cadillac, Vauxhall, Baojun,
The company's $291 billion in debt has recently been downgraded to below investment grade and it has about $16.5 billion of debt coming due this year (Snide). GM and General Motors Acceptance Corp (GMAC)., the carmaker's finance unit, each have about $23 billion of cash available. In addition, the company had about $50 billion in unused credit facilities at the end of last year. The company must carefully watch
The second decision was implemented and the same treatment would be applied to both Opel and Vauxhall. The first alternative would not have been extremely viable for the simple reason that both German and British manufacturers are subjected to the same environmental features and this means that there is no logic reason as to why they should be treated separately; they both fall under regulations of the European Community,
" Conclusion Overall GM is currently confronting some of the most difficult obstacles that it has ever had to overcome. Government intervention is no guarantee that the company will be able to overcome these obstacles. Billions of dollars have been given to the company in an effort to save it from further demise. However, capital alone will not save the company, there must be a strategic effort of the management to properly
The crisis affects all aspects of life, but among the most prominent victims of the difficulties was the automobile industry. Once the largest employer of the country, the automobile makers are now closing their plants and sending the workers into unemployment. The aim of this paper was to look at General Motors' microenvironment in light of the crisis and establish if the media coverage of the crisis within the
Although some external players, such as potential new executives, may prefer this plan, there is little evidence that the major stakeholders have interest in major culture change. The third alternative is to place emphasis on operational issues first and foremost. Under terms of its new deal with the UAW, GM will be closing plants and shedding workers, and it is trying to sell off some of its underperforming units (Hummer,
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