G.M Motors

Brian ChungMaria Teresa

The world’s largest car manufacturer(1926-2006)

Founded by William Durant in 1902 Annual global industry sales leader for 76

years(1926-2002) Total Asset-2.7 billion Total Sales-1.7 billion

Employs 200k Sold 9 million cars in 2006 Located in Detroit, Michigan and

Russelsheim, Germany C.E.O- Dan Akerson Vice Chairman- Thomas Stephens Chirstopher Liddell

America was hit by a power recession in 1920’

Stylish colors, features and became the new motto of the company.

The public could buy a car on credit in 1940’

The five brands of GM- Pontiac, Buick, Oldsmobile, Cadillac and Chevrolet began to sales strongly.

2005 G.M has been financial problems 2005- G.M booking $4 billion loss 30,000 employees were laid off 12 plants were closed down

June,1,2006 G.M files Chapter 11. The biggest industrial bankruptcy in

history