General Motors Business Analysis

General Motors Business Analysis

In the next three to five years General Motors will still be paying back the United States government. They will not be able to get enough money from consumers because of all the other car companies, such as Toyota and Honda who are currently dominating the market for better cost and fuel efficient cars. GM also has to pay back Canada and the Ontario Province. A recommendation is that they settle an agreement with the United Auto Workers Union to have a choice with each individual plant of whether the plant is unionized or not unionized. The company needs to come out with more advertising and reach out to the consumers more. Local dealerships can host community events and win back their trust as one of the great car company. They need to work faster on newer eco friendly vehicles as well.

General Motors, one of the world's largest automakers, traces its roots back to 1908. With its global headquarters in Detroit, GM employs 204,000 people in every major region of the world and does business in some 140 countries. GM and its strategic partners produce cars and trucks in 34 countries, and sell and service these vehicles through the following brands: Buick, Cadillac, Chevrolet, GMC, GM Daewoo, Holden, Opel, Vauxhall and Wuling. GM's largest national market is the United States, followed by China, Brazil, Germany, the United Kingdom, Canada, and Italy. GM's OnStar subsidiary is the industry leader in vehicle safety, security and information services.

GM is the majority shareholder in GM Daewoo Auto & Technology Co. of South Korea, and has product, power train and purchasing collaborations with Suzuki Motor Corp. and Isuzu Motors Ltd. of Japan. GM also has advanced technology collaborations with Chrysler LLC, Daimler AG, BMW AG and Toyota Motor Corp. and vehicle manufacturing ventures with several automakers around the world, including Toyota, Suzuki, Shanghai Automotive Industry Corp. of China, AVTOVAZ of Russia and Renault SA of...