The End Of General Motors Youtube Reuters. us car giant general motors has lost its title as america's top car seller for the first time in 90 years. japan's toyota claimed the top spot, selling more than 2.3 million vehicles last. Gm stock value rose following the release of the general motors q4 2021 u.s. sales results report, reaching $65.98 per share, a new all time high. dealer inventories were up 55 percent by the end.
General Motors Death Watch 83 The End Of Days The Truth About Cars Rick wilking reuters. detroit — the u.s. government ended up losing $10.5 billion on the general motors bailout, but it says the alternative would have been far worse. the treasury department. In the end, though, it was unappealing cars that brought gm down. the company that had thrived by making a car for every buyer forgot how to make cars that most people wanted to buy. ‘what’s. My involvement in that story began in gm's darkest days, five years ago on sunday, nov. 23, 2008, when i visited wagoner at his home that morning, presenting a novel plan to save general motors. But by the end of the 1960s, detroit's profits had evaporated and its famed executives had become symbols of greed, arrogance, and incompetence. and no company suffered this reversal more than general motors, which found itself the main target of a senate hearing on auto safety that publicly humiliated its leadership and shattered its reputation.
Comments are closed.