GENERAL MOTORS

General Motors

General Motors

Introduction

General Motors is the world's largest automotive organization working in over 70 countries with an existence in more than 200 countries, (Pelfrey 2007)more than 260 major subsidiaries, and a total of 395,000 employees internationally which interpret into global opportunities that span the planet. Founded in 1908, (Maynard 2007)GM has been the global automotive sales leader since 1931. GM today has developed operations in 32 countries and its vehicles are sold in more than 190 countries.

Comparison

General Motors is still much of the talk since it exited bankruptcy protection early Friday(Maxton 2004). This was a fast bankruptcy process and was well ahead of historic bankruptcy timelines, bypassing what many skeptics thought would be a long unattractive process. But the questions are still out there over what the position is for the vintage GM under the “GMGMQ” ticker on the pink slips and the new GM that is appearing post-bankruptcy. (Farber 2008)We did a comparative production on each, but keep in mind that these will change every day or every week and may not stay the case ahead.

Eight emblems will now be four brands. GM is holding Buick, Cadillac, Chevrolet, and GMC. But so far, it has come to a tentative and unclosed pact to deal Saturn and Hummer and Saab deals are in the method as well. Pontiac is being closed. (Evarts 2009)The new company will have a headcount in the U.S. of what looks to be 64,000 by year-end, down from 91,000 for 2008. In the cuts, 35% of GM's boss ranks are being slash with an focus on senior staff. CEO Fritz Henderson revealed a clearing management revamp with many more cuts approaching in the white collar part of its workforce to be a leaner and less tiered operation. (Barabba 2008)The new company furthermore has reduction of ...