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Words: 2,600 | Submitted: Tue Mar 11 2008
... popular brands are Chevrolet, Hummer, Vauxhall and GMC. GM also manages one of the world's top finance companies which are known as GMAC Financial services and GM's OnStar. GM offers services such as financing, insurance, vehicle safety and security services. (www.gm.com). The turnover of General Motors Corp. once made it the strongest of American companies however last year their profits reported an annual loss. This is the core reason why General Motors have been chosen to be investigated. General Motors has a major effect on a micro and macroeconomic level i.e. the car manufacturing industry and the US and global economies, so any major variances in its sales would have a direct effect to different economies. After taking an in-depth analysis of GM, the report shall identify the possible reasons why they have performance problems and how the management would tackle these problems. General Motors have had a decline in ...
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