General motors

General motors



General motors

Mission Statement / Statement of Values

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. Becoming the best is an unending journey, a constantly changing destination. But that's where we're determined to drive - one car, one truck, one customer at a time. (Pelfrey, William. Billy, Alfred, 2006)

GM's Values

We have defined six core values to guide our global business conduct:

1. Customer enthusiasm

2. Integrity

3. Teamwork

4. Innovation

5. Continuous improvement

6. Individual respect and responsibility

Our employees conduct their day-to-day business with the strong foundation of our core values.

CURRENT BORAD MEMBERS OR DIRECTORS

Name

Occupation

Birth

Death

Known for

Percy N. Barnevik

Business

13-Feb-1941

 

CEO of ABB, 1988-96

Erskine Bowles

Government

8-Aug-1945

 

Clinton's Chief of Staff

John H. Bryan

Business

5-Oct-1936

 

CEO of Sara Lee, 1975-2000

Armando M. Codina

Business

c. 1946

 

Founder of Codina Group

Erroll B. Davis, Jr.

Business

c. 1943

 

Chancellor, University System of Georgia

George M. C. Fisher

Business

c. 1940

 

CEO of Kodak, 1993-2000

Karen L. Katen

Business

1948

 

Senior Pfizer executive

Kent Kresa

Business

24-Mar-1938

 

CEO of Northrop Grumman, 1990-2003

Ellen J. Kullman

Business

c. 1956

 

EVP at DuPont

Philip A. Laskawy

Business

1941

 

CEO of Ernst & Young, 1994-2001

Eckhard Pfeiffer

Business

20-Aug-1941

 

CEO of Compaq, 1991-99

Rick Wagoner

Business

9-Feb-1953

 

CEO of General Motors, 2000-09

Products

In North America, GM will focus primarily on its four core brands — Chevrolet, Cadillac, Buick, and GMC — while selling, discontinuing, or scaling back its other brands. In October 2009, GM sold its Hummer brand of premium off-road vehicles to the Chinese Sichuan Tengzhong Heavy Industrial Machinery Company while a 20 percent share is held by Suolang Douji, a private investor from Hong Kong who holds a big share of Tengzhong.[32] The deal still has to be approved by the U.S. and Chinese regulatory agencies.[33] The Hummer H2 led the 2009 list of "meanest vehicles for the environment," which is part of the annual "Green Book" produced by the American Council for an Energy-Efficient Economy. The White House characterized the GM restructuring as a shift toward a new leaner, greener GM, which will aim to break even with annual sales much lower than previously stated.[34] President Obama declared that the restructuring "will mark the end of an old GM, and the beginning of a new GM; a new GM that can produce the high-quality, safe, and fuel-efficient cars of tomorrow; that can lead America towards an energy independent future; and that is once more a symbol of America's success." (Pelfrey, William. Billy, Alfred, 2006)

In the middle of 2005, GM announced that its corporate chrome emblem "Mark of Excellence" would begin appearing on all recently introduced and all-new 2006 model vehicles produced and sold in North America. However, in 2009 the "New GM" reversed this, saying that emphasis on its four core brands would dictate downplaying the GM name.[36]

Production of SUVs and trucks vs. cars In the late 1990s, the U.S. economy was on the rise and GM and Ford gained market share producing enormous profits primarily from the sale of light trucks and sport-utility vehicles. Following the September 11 attacks, a severe stock market decline caused a pension and benefit fund underfunding ...