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Report on Business Growth

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Introduction

Report on Business Growth General Motors co. is the world's second largest automaker after Toyota. Founded in 1908, General Motors employ approximately 250,000 people around the globe. It manufactures cars and trucks in 34 countries, and was the world's sales leader from 1931 to 2007. GM cars and trucks are sold globally under 13 brands; Buick, Cadillac, Chevrolet, GMC, GM Daewoo, Holde, Hummer, Opel, Pontiac, Saab, Saturn, Vauxhall and Wulling. Just in 2008, more than 18 million of these cars were sold in more than 140 countries. In 1990s, the economy in the USA was on the rise and General Motors gainer market share, making enormous profits from the sale of trucks and sport-utility vehicles. After 9/11 attacks, General Motors began its 'Keep America Rolling' to overcome the stock market decline. The campaign boosted sales, and forced other auto makers to follow. In 2004, General Motors redirected funds from the development of sedans to development of light trucks and sport-utility vehicles. ...read more.

Middle

In the last decade, Japanese and European automotive industry invested a lot of money in new engines and engines with lower power consumption. European and Japanese automotive companies are already mass producing hybrid cars that reduce energy consumption and contribute a lot to a cleaner environment. Even in the U.S. megalomaniacal way of life will have to be adjusted and energy consumption will have to be reduced and GM will also have to adapt this. GM will have to ask for more financial help from the U.S. government in order to survive the downturn in the automotive industry by investing in new engine technologies run by renewable sources. This is the only way of General Motors overcoming this recession. The Volvo Group is a Swedish merchant of trucks, buses, cars, construction equipment, aerospace components and also financial services. When incorporated in 1915 The Volvo Group was a Swedish ball manufacturer. ...read more.

Conclusion

It is a redistribution of global wealth from industrially most developed and richest countries (G7) onto different countries and continents (G20). This is to create a new world order, which will radically change the world, gradually, new technologies will be invented- new industrialization, attitude to the consumption of energy and living environment will have to change. If the automotive industry wants to avoid a further downturn, it will have to radically change and technologically adapt to new alternative energy sources. On the other hand, the way of life and how energy is used by the whole humanity will have to change thoroughly. World population is constantly increasing and energy consumption is also increasing and over-polluting environment, which has already reached a critical point. The world had come to a point, when restructuring of the world economy and the automotive industry won't be sufficient. Humanity needs a new world order, which will fairly divide global wealth among people and revive world economy and the relations towards the nature, by using new renewable energy sources. SOURCES: http://www.gm.com/corporate/about/ http://www.hoovers.com/general-motors/--ID__10640--/free-co-profile.xhtml http://www.kathylien.com/site/carry-trades/dollar-hangs-tight-on-gm-risk-recession-trades-still-on http://en.wikipedia.org/wiki/General_Motors http://biz.yahoo.com/ic/41/41854.html http://dic.academic.ru/dic.nsf/enwiki/386046 http://en.wikipedia.org/wiki/Volvo http://thefutureplace.typepad.com/the_future_place/2008/11/volvo-sales-indicate-recession.html http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a3XuqLiHF7eU http://www.thisismoney.co.uk/investing-and-markets/article.html?in_article_id=456069 ?? ?? ?? ?? ...read more.

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