Download or read book Factors Affecting the Decisions of General Motors and Chrysler to Reduce Their Dealership Networks written by Neil Barofsky and published by DIANE Publishing. This book was released on 2010-11 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt: For the U.S. auto industry, the quarter ending June 30, 2009, was dominated by the bankruptcy filings of Chrysler and GM. As part of the bankruptcy proceedings, Chrysler terminated 789 dealerships, and GM planned to wind down 1,454 dealerships by Oct. 2010. Questions arose as to how GM and Chrysler selected dealerships for termination and what benefit, if any, the co¿s. gained from terminating the dealership. This report addresses: (1) the role of U.S. Treasury in the decision to reduce dealership networks; (2) the extent to which GM and Chrysler documented processes for deciding which dealerships to terminate and which to retain; and (3) to what extent the dealership reductions are expected to lead to cost savings for GM and Chrysler. Illus.
Download or read book Once Upon a Car written by Bill Vlasic and published by Harper Collins. This book was released on 2011-10-04 with total page 375 pages. Available in PDF, EPUB and Kindle. Book excerpt: Once Upon a Car is the brilliantly reported inside-the-boardrooms-and-factories story of Detroit’s fight for survival, going beyond the headlines to chronicle how the country’s Big Three auto companies—General Motors, Ford, and Chrysler—teetered on the brink of collapse during the 2008 financial crisis. In a tale that reads like a corporate thriller, Bill Vlasic, who has covered the auto industry for more than fifteen years, first for the Detroit News and now for the New York Times, takes readers into the executive offices, assembly plants, and union halls to introduce a cast of memorable characters, many of whom are speaking out for the first time, including the executives who struggled to save their companies but in the end had to seek a controversial, last-gasp rescue from the U.S. government. Vlasic goes behind the scenes to portray the men at the top during Detroit’s last stand. Rick Wagoner, the CEO of General Motors, tried to turn around a dying company, only to be forced to resign as a condition of the government bailout. Bill Ford, great-grandson of the legendary Henry Ford, had the will to keep Ford alive but needed the guts to hire an unknown outsider, Alan Mulally, to transform the company before it crashed. At Chrysler, leadership was constantly changing as new owners tried in vain to fix the smallest of the beleaguered Big Three. And through it all, the president of the United Auto Workers union, Ron Gettelfinger, fought to save the jobs of the men and women who build American-made cars and trucks. This tale of an iconic industry in crisis is more than a big business drama and provides a rich, unvarnished portrait of how Detroit’s decline affected tens of thousands of workers and dozens of communities nationwide. The story moves from the gleaming corporate skyscrapers and massive auto plants to the halls of the U.S. Congress and into the Oval Office, where President Obama and his aides wrestled with how to keep General Motors and Chrysler from going out of business. Vlasic shows why the bailout worked, and how Detroit can succeed under new leadership and build automobiles equal to any in the world. Once Upon a Car tells a uniquely American tale of success, failure, and redemption. It is an important and illuminating chapter in an astonishing story that is still unfolding. And no one is more qualified to write it than Bill Vlasic.
Download or read book General Motors and Chrysler written by James S. Kousakis and published by Nova Science Publishers. This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Substantial federal assistance allowed GM and Chrysler to restructure their costs and improve their financial condition. Through federally-funded restructuring, GM and Chrysler reported lowering production costs and capacities by closing or idling factories, laying off employees, and reducing their debt and number of vehicle brands and models. These changes enabled both companies to report operating profits and reduce costs enough to be profitable at much lower sales levels than ever before. Nevertheless, to remain profitable, both companies must manage challenges affecting both their costs, including debt levels, and vehicle demand, such as launching products that are attractive to consumers amid rising fuel prices. This book examines the role of TARP assistance in the restructuring of the U.S. motor vehicle industry with a focus on unwinding the government stake in GMAC and Chrysler.
Download or read book Factors Affecting the Decisions of General Motors and Chrysler to Reduce Their Dealership Networks written by United States. Office of the Special Inspector General for the Troubled Asset Relief Program and published by . This book was released on 2010 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Retrospective Look at Rescuing and Restructuring General Motors and Chrysler written by Austan D. Goolsbee and published by . This book was released on 2015 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper takes a retrospective look at the U.S. government's effort to rescue and restructure General Motors and Chrysler in the midst of the 2009 economic and financial crisis. The paper describes how two of the largest industrial companies in the world came to seek a bailout from the U.S. government, the analysis used to evaluate their request, and the steps taken by the government to rescue them. The paper also summarizes the performance of the U.S. auto industry since the bailout and draws some general lessons from the episode.
Download or read book Once Upon a Car LP written by Bill Vlasic and published by Harper Collins. This book was released on 2011-10-04 with total page 624 pages. Available in PDF, EPUB and Kindle. Book excerpt: Once Upon a Car is the brilliantly reported story of Detroit’s fight for survival, chronicling how the country’s Big Three auto companies—General Motors, Ford, and Chrysler—teetered on the brink of collapse during the 2008 financial crisis. Bill Vlasic takes readers behind closed doors and into the executive offices, assembly plants, and union halls to introduce a cast of memorable characters, many of whom speak out for the first time, including the executives who struggled to save their companies but in the end had to seek a controversial, last-gasp rescue from the American government. The story moves from the gleaming corporate skyscrapers and massive auto plants to the U.S. Congress and into the Oval Office, where President Obama and his aides wrestled with how to keep General Motors and Chrysler from going out of business. Vlasic shows why the bailout worked, and how Detroit can succeed under new leadership and build automobiles equal to any in the world.
Download or read book Rude Awakening written by Maryann Keller and published by HarperCollins Publishers. This book was released on 1990 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: Drawing on the experoence of hundreds of past and present GM insiders, filled with inttrigue and humor, dramatic moments, and vivid personalities, top industry analyst Maryann Keller brings her hardhitting insight to the once-unparalleled leader of an industry--General Motors.
Download or read book My years with General Motors written by Alfred Pritchard Sloan and published by . This book was released on 1964 with total page 576 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book American Wheels Chinese Roads written by Michael J. Dunne and published by John Wiley & Sons. This book was released on 2011-07-20 with total page 211 pages. Available in PDF, EPUB and Kindle. Book excerpt: How could one company—General Motors—meet disaster on one continent and achieve explosive growth on another at the very same time? While General Motors was hurtling towards bankruptcy in 2009, GM’s subsidiary in China was setting new sales and profit records. This book reveals how extraordinary people, remarkable decisions and surprising breaks made triumph in China possible for General Motors. It also shows just how vulnerable that winning track record remains. No small part of GM’s success in China springs from its management of shifting business and political relationships. In China, the government makes the rules for—and competes in—the auto industry. GM’s business partner, the City of Shanghai, is both an ally and a competitor. How does such an unnatural relationship work on a day-to-day basis? Where will it go on the future? General Motors also engages in constant battles with other global and Chinese car makers for the hearts of demanding Chinese consumers. Dunne gives us rare glimpses into the mindsets and behavior of this new moneyed set, the worlds newest class of wealthy consumers. China is already the number one car market in the world. During the next ten years, China will export millions of cars and trucks globally, including to the United States. American Wheels, Chinese Roads presents readers with fascinating illustrations of what to expect when Chinese cars, companies, and business people arrive on our shores.
Download or read book On a Clear Day You Can See General Motors written by John Z. De Lorean and published by Avon Books. This book was released on 1980 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt: An interesting account of how one of the most important corporations in America was really managed in the 1970s.
Download or read book Chrysler written by Vincent Curcio and published by Automotive History and Persona. This book was released on 2000 with total page 717 pages. Available in PDF, EPUB and Kindle. Book excerpt: This richly detailed account of one of the most important men in American automotive history is based on full access to both Chrysler Corporation and family historical records. Curcio traces Chrysler's rise through the industry and gives unique insight into this colorful and passionate man. 50 halftones.
Download or read book General Motors Public Interest Report written by General Motors Corporation and published by . This book was released on 1992 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Sixty to Zero written by Alex Taylor and published by Yale University Press. This book was released on 2010-05-04 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: The collapse of General Motors captured headlines in early 2009, but as Alex Taylor III writes in this in-depth dissection of the automaker's undoing, GM's was a meltdown forty years in the making. Drawing on more than thirty years of experience and insight as an automotive industry reporter, as well as personal relationships with many of the leading players, Taylor reveals the many missteps of GM and its competitors.
Download or read book Billy Alfred and General Motors written by William Pelfrey and published by AMACOM/American Management Association. This book was released on 2006 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Painstakingly researched, the book sheds new light on how the divergent approaches of Durant and Sloan were destined to forge an entirely new business archetype, one that would become (and today remains) a global standard."--Jacket.
Download or read book Chrome Colossus written by Ed Cray and published by New York : McGraw-Hill. This book was released on 1980 with total page 648 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explores the enormous influence General Motors has exerted on American values, culture, politics, and society over the past seventy years, focusing on the six strong-willed men who shaped the company and its fortunes.
Download or read book Chrysler Ford Durant and Sloan written by H. Eugene Weiss and published by McFarland. This book was released on 2003-09-10 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt: The American automobile industry has been called the favorite child of capitalism. Four decades of exceptional earnings allowed Henry Ford, Walter Chrysler, William Durant and Alfred P. Sloan (both of General Motors), and their companies to make developments in production, design and marketing that have set the standard for consumer products and industrial firms. Four men are primarily responsible for these concepts and for the formation of "the big three." New research lends important insight into the relationship of Walter Chrysler's business career to the careers of the other three automotive giants. This comparative study details the career histories and visions of each of the men, exploring their individual business methods, the innovations for which they were responsible, and their impacts on the industry.
Download or read book Life of an American Workman written by Boyden Sparkes and published by DigiCat. This book was released on 2022-07-21 with total page 165 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book tells the story of Walter Chrysler, who established the Chrysler Corporation and founded Dodge Brothers Motor Co. It contains many delightful anecdotes about his childhood, his work on the railroads, and his turn-around of American Locomotive, Buick, and then Maxwell-Chambers.
