General Motors Company: Financial Perspective Paper

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General Motors Company: Financial Perspective Maria Carbonell The General Motors Company, commonly known as GM, is an American corporation that designs, manufactures, markets and distributes vehicles as well as automotive parts and also sells financial services. After General Motors Corporation, which is often referred to as the “old GM,” filed for bankruptcy in 2009, General Motors Company was founded. The new GM that is currently operating today is a smaller company that purchased multiple assets of the “old GM.” This includes the name “General Motors,” four of its major brands; Buick, GMC, Cadillac, and Chevrolet, as well as the majority of its dealerships, and US plants. Over the past year GM has been put under heavy scrutiny due to the…show more content…
A successful business must always find a way to perform despite the challenges they’re faced with. Despite all the challenges GM has faced, the company continues to strive to look for opportunities in the marketplace to increase their revenues. In the nine months ended September 30, 2015 GM’s total net sales and revenues decreased by 3.1%, compared to the nine months ended on September 30, 2014. GM’s total net sales and revenues include the automotive sales from; GM North America (GMNA), GM Europe (GME), GM International Operations (GMIO), and GM South America (GMSA), as well as GM Financial and corporate. In the nine months ended September 30, 2015 GM’s overall automotive sales decreased by 4.1%, this is largely due to various unfavorable circumstances in

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