General Motors Corporation Company Profile Publication Date: 12 Jun 2008 www.datamonitor.com Datamonitor USA Datamonitor Europe Datamonitor Germany Datamonitor Hong Kong 245 5th Avenue Charles House Kastor & Pollux 2802-2803 Admiralty Centre 4th Floor 108-110 Finchley Road Platz der Einheit 1 Tower 1 New York, NY 10016 London NW3 5JJ 60327 Frankfurt 18 Harcourt Road USA United Kingdom Deutschland Hong Kong t:+1 212 686 7400 t:+44 20 7675 7000 t:+49 69 9754 4517 t:+852 2520 1177 f:+1 212 686 2626 f:+44 20 7675 7500 f:+49 69 9754 4900 f:+852 2520 1165 e:[email protected] e:[email protected] e:[email protected] e:[email protected] General Motors Corporation ABOUT DATAMONITOR Datamonitor is a leading business information company specializing in industry analysis. 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General Motors Corporation Page 2 © Datamonitor General Motors Corporation TABLE OF CONTENTS TABLE OF CONTENTS Company Overview..............................................................................................4 Key Facts...............................................................................................................4 Business Description...........................................................................................5 History...................................................................................................................7 Key Employees...................................................................................................15 Key Employee Biographies................................................................................17 Major Products and Services............................................................................29 Revenue Analysis...............................................................................................30 SWOT Analysis...................................................................................................32 Top Competitors.................................................................................................39 Company View.....................................................................................................40 Locations and Subsidiaries...............................................................................47 General Motors Corporation Page 3 © Datamonitor General Motors Corporation Company Overview COMPANY OVERVIEW General Motors Corporation (GM) is primarily engaged in the development, production and marketing of cars, trucks and automobile parts. The company is also engaged in finance and insurance operations. The company primarily operates in North America, and Europe. It is headquartered in Detroit, Michigan and employed 266,000 people as on December 2007. The company recorded revenues of $181,122 million during the financial year (FY) ended December 2007, a decrease of 11.9% compared with 2006.This was primarily due to de-consolidation of GMAC following the GMAC Transaction in November 2006. The operating loss of the company was $4,390 million during FY2007, as compared with an operating loss of $5,823 million in 2006. The net loss was $38,732 million in FY2007, as compared with the net loss of $1,978 million in 2005. KEY FACTS Head Office General Motors Corporation 300 Renaissance Center Detroit Michigan 48265 3000 USA Phone 1 313 556 5000 Fax 1 313 556 5108 Web Address http://www.gm.com Revenue / turnover 181,122.0 (USD Mn) Financial Year End December Employees 266,000 New York Ticker GM General Motors Corporation Page 4 © Datamonitor General Motors Corporation Business Description BUSINESS DESCRIPTION General Motors Corporation (GM) is primarily engaged in the production of vehicles. The company designs, manufactures and markets cars, trucks and other automobile parts in North America, Europe, Latin America, and Asia Pacific regions. During 2007, the company accounted for 9.4 million car and truck deliveries.The company also provides vehicle safety, security and information services through its subsidiary, GM's OnStar. GM sells cars and trucks globally under the following brands: Buick, Cadillac, Chevrolet, GMC, GM Daewoo, Holden, Hummer, Opel, Pontiac, Saab, Saturn and Vauxhall. The company operates through two segments: automotive and financial services. Automotive GM primarily operates its automotive business through GM Automotive (GMA), which has four sub-segments with each one concentrating on a separate geographic segment. These four sub-segments are GM North America (GMNA), GM Europe (GME), GM Latin America/Africa/ Mid-East (GMLAAM), and GM Asia Pacific (GMAP). In North America, GMNA designs, manufactures and markets cars and trucks under the brand names such as Chevrolet, Buick, Saab, Pontiac, Cadillac, Hummer, GMC and Saturn. In Europe, GME operates 10 vehicle production and assembly facilities in seven countries. The Opel/Vauxhall and Chevrolet are the company’s key brands in Europe. In Europe, GM sold about 2.2 million passenger cars and light commercial vehicles in over 30 European countries in 2007. GM LAAM comprises its Latin American Operations (LAO) subdivision in South America, and its Africa and Middle East Operations (AMO) subdivision. The GMAP division markets it products under the fallowing automotive brands: Buick, Cadillac, Chevrolet, Daewoo, Holden, Opel and Saab. GMAP has assembly facilities and sales operations in 11 countries in the Asia Pacific region. The manufacturing and assembly operations of GMAP are based in Australia, China, India, Korea and Thailand. GM also has equity ownership in various regional subsidiaries and joint ventures such as New United Motor Manufacturing (NUMMI), Suzuki Motor Corporation, Isuzu Motors, Shanghai GM, SAIC-GM-Wuling Automobile Company and CAMI Automotive. The company operates across 228 locations in approximately 36 states and approximately 151 cities in the US. Of these, approximately 21 are engaged in the final assembly of GM cars and trucks, approximately 27 are service parts operations responsible for distribution or warehousing, and the remaining locations are offices or facilities involved primarily in testing vehicles or manufacturing automotive components and power products. In addition, the company also has approximately 22 locations in Canada. It also maintains assembly, manufacturing, distribution, or warehousing General Motors Corporation Page 5 © Datamonitor General Motors Corporation Business Description operations in approximately 50 other countries, including equity interests in associated companies which conduct assembly, manufacturing, or distribution operations. The company markets all its vehicles through approximately 6,776 GM vehicle dealers in the US, 729 in Canada, and 330 in Mexico. Additionally, GM operated approximately 14,052 distribution outlets throughout the rest of the world for vehicles manufactured by GM and its affiliates. These outlets include distributors, dealers and authorized sales, service, and parts outlets. Financial services General Motors provides a range of financial services, including consumer vehicle financing, automotive dealership and other commercial financing, residential mortgage services, automobile service contracts, and personal automobile insurance coverage.The company carries out its finance and insurance operations primarily through GMAC, the successor to General Motors Acceptance and a subsidiary in which the company has 49% stake. General Motors Corporation Page 6 © Datamonitor General Motors Corporation History HISTORY Olds Motor Vehicle Company, the oldest unit of General Motors