Fought off a 9.9% stake was the largest shareholder Kerkorian, the U.S. auto industry, this iconic company control over the attack, but also makes Warren Buffett has always been indifferent to all wrote to Wagner said, you cheer! health spending, buy a large number of employees length of service, sell non-core assets and its parts enterprises such actions brought to bankruptcy protection to significantly reduce the high cost of rapid hemostasis after the former world's largest automotive company, has been led by Toyota emerging forces of the automotive industry to catch up. into even less optimistic in 2008, Wagner has long been expected, his grim situation in the face of this year's statement also said, , steel and energy prices. short-lived fad, we could not escape the predicament. GM in the just concluded annual shareholder meeting, Wagoner announced a series of new measures to make the faltering auto giant is now able to re-rivers and mountains, including: continuing to improve the business structure of the North American market, launched a new global compact vehicle and powertrain programs, cut truck production and increase marketable production cars, the Chevrolet Volt electric car production, led by new energy vehicles, consider the assessment and sale of Hummer assets. is not difficult to see that all the measures are In order to improve the common products, technology and production structure come to better face the future with GM rivals from Japan, the energy crisis and consumer value orientation and other aspects of the challenge of change.
already in the international crude oil prices exceeded $ 100 mark, and always amazed at the sound of a tenacious people rising trend, many well-known automobile manufacturers are already in the plan have stepped up to respond to future sustained high oil prices on the impact the automotive market. former market leader General cars, not without action and response measures, but these initiatives were too slow cf Japan, some opponents to GM North America, led by the three major car manufacturers, but also on the North American market, large displacement, high fuel pickup trucks and sport utility vehicles (SUV) market, reported a huge fantasy, the most profitable product lines are derived from this. And when the North American consumers in the subprime mortgage crisis began last year and suffered the double impact of high oil prices, reduce fuel expenditures have changed to open fuel-efficient small cars and hybrids, the North American tradition of popular models on the market started to decline rapidly. And with this is that corresponding to the three major automobile manufacturers either do not fit small car product, or their hybrid products, still in the import market of the embarrassing situation. the face of increasing encroachment by rival advantage of the market in the past, and continue to lay off from the car trade unions exert pressure on beleaguered boss and General Motors into a precarious among the three consecutive losses, and In 2007 a record 43.297 billion U.S. dollars of the world record of business losses, General Motors does not indeed to not change the time. but as a car is sliding down the quagmire, to stop the huge decline in the face of inertia, requires more than just the right methods, more courage and Jagged! Wagner have the ability to do this?
even Wagner himself said: . different, GM of new energy technologies in almost every direction has a lot of money invested. while in the world of But these gains, as opposed to the North American market in his hometown, the great frustration, it is hard just the same language.
then, GM developed the new plan, are we able to have deeper and deeper in the mire of what the enterprise back to life ? Just as the old Chinese proverb consistent in the compact car is not a common specialty areas, the new powertrain, we have seen though the use of Aveo in the domestic code-named S-TECII on the 1.2L engine, and General Motors also has plans to introduce the U.S. market 1.4-liter 4-cylinder turbocharged engine, and most likely it will be a different way of displacement turbocharged engine series. But the industry is still hard to believe that the technology level, can be gifted beyond the European Manufacturing, Moreover, new products and new powertrain until 2009 or even 2010 before the market. Prior to this, GM will still be intolerable through a period of time.
Indeed, you can use all-electric drive Chevrolet Volt all hybrid electric vehicles is common in the hands of ace, this charge can run about 1 64km, and the hundred kilometers only 2.4 liters fuel consumption of new products, existing in North America will be sold on the Japanese market, hybrid and catch brought a new era of hybrid vehicles. And until the brilliance of the Toyota Prius will also usher in the real opponent, who let it also delayed the third generation of products to market in around 2010 it? snow with the Americans Flemish brands from the heart of love, in this hybrid in 2009, the peak of the beginning of the war, the Chevrolet Volt is a great chance of winning, which also is common in the next two years, the stand of the battle.
Wagner, a favorite former CEO Jack. Smith's famous huge Hummer, though by a great army like the fans and off-road enthusiasts, but for General Motors, this is not a cause of the overall situation, it may eventually be sold, could not escape the fate of it. Ford to sell Land Rover and Jaguar has made an example, GM is also no reason not to do so I'm afraid.
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