TITLE

Navigating GM's Four-Point Turn

AUTHOR(S)
MacFadyen, Ken
PUB. DATE
September 2010
SOURCE
Mergers & Acquisitions Report;9/6/2010, Vol. 23 Issue 36, p5
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article looks at the recovery of automobile manufacturer General Motors (GM) following a distressed situation. AlixPartners' Albert A. Koch, vice chairman and managing director at the firm who helped oversee the turnaround, says any turnaround is about figuring out what the issues are and then solving them quickly. In August 2010, GM announced a 25% jump in sales for four of its strongest brands namely Chevy, Buick, GMC and Cadillac.
ACCESSION #
53455488

 

Related Articles

  • GM fights slumping truck sales. Guilford, Dave // Automotive News;4/21/2003, Vol. 77 Issue 6034, p6 

    This article reports that in the first quarter of the year 2003, General Motors Corp.'s light-truck sales dropped 14.8 percent. GM sold nearly 100,000 fewer of its main profit-making vehicles. For contrast, GM's car lineup only sagged 3.3 percent in the first quarter. GM executives say the...

  • How the numbers crunch GM. Guilford, Dave // Automotive News;11/17/2003, Vol. 78 Issue 6067, p53 

    A close look at automobile manufacturer General Motors Corp.'s (GM) year-end sales prospects shows that how difficult it will be for the automaker to finish with a 28.7 percent market share. In 2003, GM expects U.S. light-vehicle sales to total 16.7 million units. Through October 2003, GM, Saab...

  • GM breaks its truck record. Domby, Debi // Automotive News;12/22/2003, Vol. 78 Issue 6072, p38 

    General Motors Corp. (GM) broke its record for trucks built in the United States during a single week. GM built 60,944 trucks during the week that ended December 13. The previous record occurred during the week that ended December 7, 2002, when GM built 59,227 trucks. GM's record is only 424...

  • GM test drive program needs 40,000 demos. Guilford, Dave // Automotive News;4/21/2003, Vol. 77 Issue 6034, p3 

    This article reports on General Motors Corp.'s overnight test-drive program for auto shoppers could pump up GM sales in two ways.The program, which began Tuesday, April 15, 2003 is aimed at getting non-GM owners to sample GM vehicles in overnight test drives. But it also will put 40,000 vehicles...

  • GM adds loyalty bonus to rebates. Teahen Jr., John K. // Automotive News;7/28/2003, Vol. 77 Issue 6050, p49 

    General Motors (GM) Corp. threw more cash at the market last week in an effort to warm up the depressing sales atmosphere. The extra cash is a loyalty bonus of $1,000 to those who buy or lease the same make of GM car or truck they now drive. It's $750 if the owner buys or leases another GM make.

  • GM says currency shift stalled Astra sales in the US. Wilson, Amy // Automotive News Europe;9/15/2008, Vol. 13 Issue 19, p0031 

    The article reports on the high price of the General Motors (GM) Astra automobile which affected sales and profitability in the U.S. GM decided to export the Astra from its Antwerp, Belgium, factory to North America when the value of the US dollar was stronger. The Astra's base price has risen...

  • GM misses out on medium-SUV boom. Dralle, Jens // Automotive News Europe;5/12/2008, Vol. 13 Issue 10, p36 

    The article reports that General Motors is missing out on a boom in Europe's medium-SUV segment as sales of the Opel/Vauxhall Antra and Chevrolet Captiva trail far behind their competitors. Sales of the Opel, in particular, have been sluggish. In 2007, its first full year on the market, Antara...

  • Apple Strudel and Chevrolet. Muller, Joann // Forbes Global;11/1/2004, Vol. 7 Issue 19, p25 

    Reports on the plan of General Motors to introduce Chevrolet automobile around the world. Expected increase in the sales of Chevrolet automobile; Reasons for introducing the brand.

  • GM organizing into four divisions.  // North Texas Automotive Report;May2008, Vol. 10 Issue 8, p3 

    The article reports that General Motors Corp. (GMC) in Detroit, Michigan has organized its eight brands into four divisions to streamline product development and sales. In addition, the changes are designed to differentiate the brands, reduce complexity in the organization, and improve the...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics