History of GM - In 1923, GM began its dominance over the automotive world by becoming the leading producer of automobiles.
- During this era, GM began a decentralized management concept which saved the company from financial ruin.
- The decentralized management enabled the smaller division tailor their product to each segment of the market which they were targeting.
- The 1950’s proved to be the hay day for GM where it was able to capture 44% of the market.
History of GM - In the 1970’s, the company was able to respond to the need for more gas efficient automobiles.
- In the 1980’s, GM began to acquire businesses which were outside the realm of automobile manufacturing companies.
- The 1990’s required a more conservative strategy for a declining market.
Automotive Divisions: High End Automotive Divisions: Low End Automotive Divisions: Overseas GM Companies: Parts
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