ECO 550 Assignment 4 Levels General Motors
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ECO 550 Assignment 4 Levels General Motors
Assignment 4: Automotive Production Levels
General Motors
Eco 550 - Managerial Economics and Globalization
General Motors Company
General Motors Corporation (GM) is the largest company in an industry that has a major impact on the American economy and in the world. GM has led the auto industry in innovation and for most of the 20th century. From 1931 to 2008 GM led in the industry only to be surpassed by Toyota in 2008.
After major cutbacks for over two years, GM found itself at the brink of bankruptcy and accepted government financial assistance and plan for debt reconstruction and recovery. Under this plan, brands Chevrolet, Cadillac, and GMC became the base brands for General Motors Company. General Motors sales cars in 31 countries, these...