General motors headquarter is in detroit, michigan. The book is at its best in the middle chapters, when delorean depicts the challenge faced by each division such as ludicrous production times, lack of mrp software, and diminishing dealership trust of gm as a supplier and then breaks down the genius strategies he. Despite the crises, general motors has been clawing its way back to relevance. Featured best selling alphabetically, az alphabetically, za price, low to high price, high to low date, new to old date, old to new. The story of two unique men, a legendary company, and a remarkable time in american history by william pelfrey amacom, 2006. General motors mission statement 2020 general motors. It also provides automotive financing services through general motors financial company, inc. General motors cuts paychecks of salaried workforce. My years with general motors became an instant bestseller when it was first published in 1963. John delorean paints a vivid picture of the excess and administrative failing perpetrated by general motors most senior members. The general motors corporation was established in 1908 by william c. It has restructured, and is a somewhat leaner company than before bankruptcy it still has 220,000 employees.
General motors company operates in the motor vehicles and car bodies sector. General motors co designs, builds and sells trucks, crossovers, cars and automobile parts worldwide. General motors gm, one of the worlds largest auto manufacturers, makes cars and trucks, with wellknown brands such as buick, cadillac, chevrolet, and gmc. Gm built cars, trucks, buses, trains, ships, airplanes, earth moving equipment, home appliances, and.
It also provides automotive financing services through. Gm also builds cars through its gm daewoo and holden units. Gm north america gmna and gm international gmi are its automotive segments. To find book value, add up everything the company owns in terms of assets, then subtract everything the company owes, such as debts and other liabilities. General motors continued dominance in the motor vehicle industry comes down to the precision of its mission and vision statements. General motors company is headquartered in detroit, michigan, the united states of america. General motors company gm company overview, trading data, share statistics, valuation, profitability, financial snapshot. A company profile functions very much like an employee profile in that they help other people understand the business and the employee more, respectively. Welcome to the official general motors facebook page. Corporate statement impacts the success of a company.
General motors corporation gm is more than one century year old multinational corporation, which has been maintaining the automobile industry leadership over the last 80 years. The company also provides automotive financing services through general motors financial. It was a company that in the modern history of general motors was always dominated by bean counters, said maryann keller, an auto analyst for four decades who has written two books on gm. Gm is the only company with a fully integrated solution to produce selfdriving vehicles at scale. Price to earnings pe price to operating profit pop price to sales ps price to book value pbv components of financial statements. Today, general motors company is a brand new company with 100 years of history. Gm employs approximately 244,500 people around the world, across all its brands. Customers of general motors company saw their costs of revenue deteriorate by 15. The company has maintained high standards in its line of products for over a century, making it one of the top ten multinational corporations in the fortune 500.
The company operates through three business segments. Durant, who combined the buick, oldsmobile, and oakland companies and, later, cadillac, to form gm. Honda has been the worlds largest motorcycle manufacturer since 1959, reaching a production of 400 million by the end of. In addition to historical fundamental analyses, the complete report available to purchase compares general motors company with three other companies in this sector in united states. General motors is a company that designs and produces car and truck and car components, as well as financial services. The company also provides automotive financing services through general motors financial company, inc. As the first automotive company to massproduce an affordable electric car, and the first to develop an electric starter and air bags, gm has always pushed the limits of engineering. About book value per share book value, per share, reveals the current state of the company and ignores future growth potential. The investor relations website contains information about general motors company s business for stockholders, potential investors, and financial analysts. Company profile driving you into the future across indonesia and around the globe the gold colored chevrolet bowtie is a symbol of quality, reliability, trust, and endurance. Profile of general motors company 1863 words bartleby.
Gm key executives, insider trading, ownership, revenue and average growth rates. General motors customers by division and industry csimarket. The united states now has four brands instead of eight under old gm. The good, the bad, and the ugly general motors has some attractive qualities, such as its valuation and dividend. General motors was such an economic and industrial juggernaut that a book like this couldnt begin to do more than just give the most superficial look at its history.
General motors company designs, builds, and sells cars, trucks, crossovers, and automobile parts worldwide. Business divisions gm north america and gm international handle the automotive end of the business while general motors financial co. By dividing book value by the total number of shares outstanding, you can find book value per share. The company operates through gm north america, gm international, gm cruise, and gm financial. Looking toward the future of transportation, the company is investing in developing electric vehicles and autonomous vehicles, and it has established a ridesharing service dubbed maven. See what people working for general motors are saying.
Gm has seven brands and operates under four segments. Gm north america, gm international, cruise, and gm financial. General motors company, commonly referred to as general motors gm, is an american multinational corporation headquartered in detroit that designs, manufactures, markets, and distributes vehicles and vehicle parts, and sells financial services, with global headquarters in detroits renaissance center. From the 1920s onwards, gm grew from a firm that accounted for about 10% of new car sales in the u. Its major products include automobiles and trucks, automotive components, and engines. A general manager usually must speak the languages of finance and accounting, operations, sales, marketing, human resources, research and development, and engineering. They remain one of the worlds largest automotive companies with operations in 120 countries and more than 200,000 employees around the world. The history of general motors gm, one of the worlds largest car and truck manufacturers, dates to more than a century and involves a vast scope of industrial activity around the world, mostly focused on motorized transportation and the engineering and manufacturing that make it possible. A company profile is a detailed document containing all the aspects of the business operations, from its financial and physical resources to its management structure. However, there are looming headwinds investors needs to be. Financial statements income statement statement of comprehensive income. Enterprise value is total company value the market value of common equity, debt, and preferred equity minus the value of cash and shortterm investments.
General motors, founded in 1908 september by william c. General motors company competitors and comparisons of. It is dedicated to provide products and services of such quality that our customers will receive superior value while our employees and business partners will. An individual in a gm role is a generalist who is familiar with all areas of the business and can coordinate processes and operations across the organization. See the company profile and updated insider trades of general motors company gm.
Find out all the key statistics for general motors company gm, including valuation measures, fiscal year financial statistics, trading record, share statistics and more. Learn more about the sector, industry, classification, employee size, and executives of gm on msn money. See the company profile for general motors company gm including business summary, industrysector information, number of employees, business summary, corporate governance, key executives and. It has since been used as a manual for managers, offering personal glimpses into the practice of the discipline of management by the man who perfected it. Founded in 1908 as a holding company in flint, michigan, as of 2012 it employed approximately 209,000.
1226 1575 342 806 885 896 190 1406 1117 861 132 1526 1093 1048 1358 1015 1040 1260 878 1398 542 327 17 1195 1113 1206 178 327 808 931 516 359 93 1000 268 815 67 1068