G.M. has struggled greatly since their government bailout. After announcing its eighth consecutive quarterly profit of $472 million, things are really starting to turn around for the carmaker. G.M. is hard at work using its knowledge and virtue, values shared by our group, to make a comeback in the market. There is still a lot of work ahead of them with their European branch losing $747 million from the economic downturn there. Analyst Brian Johnson says, “G.M.’s new focus on balancing traditional cost controls with improved
product quality is beginning to pay dividends in North America.” The company is well on its way to victory!
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1 comment:
GM may have had a good year in the American-made car class, but the European sales are probably down because American cars break down easier than internationally-made cars. Toyotas and cars like that can last over 200,00 miles. On the other hand, American-made cars break down very easily.
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