FREE ESSAY ON GENERAL MOTORS

GENERAL MOTORS

The company's main competitors in cars and trucks in the United States and Canada are the
Ford Motor Company, DaimlerChrysler Corporation, Toyota Corporation, Nissan Motor
Corporation, Ltd., Honda Motor Company, Ltd., Mazda Motor Corporation, Mitsubishi Motors
Corporation, Volkswagen A.G., Hyundai Motor Company, Ltd., Bayerische Motoren Werke AG
(BMW), Volvo AB, and Kia Motors Corporation.(www.gm.com)
John Smith, Jr., has been the overseer of GM's operations since he came to the company in
January 1996. Smith deals with business relationships with GM's associates. G Wagoner Jr.
became president and CEO of GM in June of 2000. He is currently on the board of
directors. Wagoner so far has been a great leader for GM. He is chairman of the
automotive strategy board. Harry J. Pearce is an African American who is also the
director of the General Motors Corporation Board of Directors and vice chairman of the
corporation since Jan. 1, 1996.(www.yahoo.com)
The fifty-four day strike in 1998 in Flint Michigan by the United Auto Workers against GM
is probably one of the most notable strikes in the history of the united states. Over
this time period, much money was lost. In the end, there seemed to be no winners from the
strike. The worker union lost more than $150 million during the strike and GM lost about
$75 million a day! That doesn't include what GM lost in the minds of all their
consumers.(Encarta, Unions) However, today, GM seems to have developed a trustworthy
relationship with their consumers which is vital towards their success in the future.
General Motors has always made it a top priority to be environmentally sound in it
production of automobiles. Each car has low emission standards and GM makes it a point to
reduce the standards every year. There have been no major lawsuits filed against the
company over their production methods making GM one of the most environmentally sound
major corporations ever. 
General Motors have proved themselves to be one of the leaders in automotive production
throughout their existence. Today they are regarded as one of the most sure investments
that the average Joe Schmoe could invest in. Short-term, they may not produce major gains
for consumers but they are a sure bet to steadily produce in the long run. GM globally
has been doing very well as they try to spread worldwide increasing revenue in foreign
nations. In the future, GM will become more global and capitalize on the worldwide
consumers that can bring income into GM. GM has been noted to be very consumer friendly
as its cars always rate on the high safety as well as the comfort end of the scale.
General Motors has always been one of the most stable companies in the NYSE and their
success in the future seems certain.