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
Words: 315 - Pages: 2
uncertainties? 5. Do you believe that the events immediately following GM’s bankruptcy alleviated the concerns that led to the issuance of the going- concern uncertainty? What issues would auditors need to consider in evaluating the ability of General Motors Co. (the new GM) to continue as a going concern? 6. Many companies believe that a going- concern opinion is a self- fulfilling prophecy ( that is, when a company receives a going- concern opinion, customers will not purchase products with warranties
Words: 935 - Pages: 4
Mid-50s Chrysler 300 Letter Series Cars See a Beautiful Example of a 1957 Chrysler 300C with Fins When someone says Chrysler 300 you might start thinking about the modern version of the automobile. However, for me the model name takes me back to 1955 and the birth of the first production example. Pictured on the left is a second generation 1957 Chrysler 300 C hardtop. This is not just another car with rear fender fins. Packing a 392 cubic inch hemi engine with [a tunnel ram intake manifold] and
Words: 747 - Pages: 3
The US Auto industry is facing the reality that new generations are not the same generations on which they built their empires. As information and global awareness are more prevalent than ever before, the consumer only wants to do what feels right to them, not what they have been told to want, and statistic show that the things the new consumer is looking for above all, is the lower cost of owning a car, followed fuel efficiency and how environmentally friendly it is. After the boom of urban sprawled
Words: 915 - Pages: 4
is 5511 - Motor Vehicle Dealers (New and Used), and it’s secondary SIC codes is 441110 - New Car Dealers. BMW’s competitors in the premium automotive sector include the Mercedes-Benz and Audi brands domestically. Foreign competitors include the Cadillac and Lexus
Words: 761 - Pages: 4
A parking space is a location which is designated for the car to parking. There are several types of parking facilities included parking lots, parking garages, carports, parking spaces on the side of the street, automated parking systems, and semi-automated parking systems. Parking lots are usually designated for parking which usually marked out on the ground with thick yellow or white lines. This parking lots usually can be found near the business place, supermarkets, restaurants, and etc. For
Words: 827 - Pages: 4
CHAPTER NO-1 INTRODUCATION The automotive business could be a combination of the various form of corporations and organization together with style, development, producing, marketing, and mercantilism of automobile like automobile, bus. We can call them as automakers. The term AUTOMOTIVE was created from Greek word and Latin word. Greek word autos (self) and Latin word motives (of moving) and same another term AUTOMOBILE were created from Greek word autos (self) and French word mobile (moving). The
Words: 1089 - Pages: 5
CHAPTER 1 INTRODUTION 1.1 INTRODUCTION The Cockpit is the most important place in a race car. In the cockpit, there are located steering wheel, driver seat, throttle and brake pedal and gauges. It is the control room to the car. The driver can know the car’s condition when driving through the gauges that are installed on the dash board. It is important to design a cockpit that can give comfort to the driver. Improper design of the cockpit can make the driver uneasy, feel uncomfortable and can affect
Words: 1541 - Pages: 7
ESTABLISHING THE ROLE OF THE PHILIPPINE AUTOMOTIVE INDUSTRY IN THE EAST ASIAN PRODUCTION NETWORK: IDENTIFYING INDUSTRIAL ADJUSTMENT POLICIES THAT WILL FURTHER ENHANCE PARTICIPATION IN THE NETWORK AND RESPONDING TO THE CHALLENGES POSED BY CHINA’S EMERGING AUTOMOTIVE INDUSTRY1 Roberto B. Raymundo I. INTRODUCTION A. Integrating the Local Automotive Sector within the International Production Network One of the major industries that had successfully adopted both
Words: 33847 - Pages: 136
Travis Spaulding: 2.6 - Case Study: Sergio Marchionne On April 30, 2009, Chrysler filed for bankruptcy due to failure to generate sufficient profits. As a result, a new partnership ensued with the Italy based car company, Fiat (Roubini, 2009). Since then, Chrysler Group LLC Chief Executive, Sergio Marchionne, has taken measures to change the attitude and organizational culture of the company to recover from the bankruptcy, as well as being a leader among American car manufacturers (Muller, 2011)
Words: 1234 - Pages: 5
