1. G.M Motors Brian Chung Maria Teresa

2.  The world’s largest car manufacturer(1926- 2006)  Founded by William Durant in 1902  Annual global industry sales leader for 76 years(1926-2002)  Total Asset-2.7 billion  Total Sales-1.7 billion

3.  Employs 200k  Sold 9 million cars in 2006  Located in Detroit, Michigan and Russelsheim, Germany  C.E.O- Dan Akerson  Vice Chairman- Thomas Stephens  Chirstopher Liddell

5.  America was hit by a power recession in 1920’  Stylish colors, features and became the new motto of the company.  The public could buy a car on credit in 1940’  The five brands of GM- Pontiac, Buick, Oldsmobile, Cadillac and Chevrolet began to sales strongly.

6.  2005 G.M has been financial problems  2005- G.M booking $4 billion loss  30,000 employees were laid off  12 plants were closed down  June,1,2006 G.M files Chapter 11.  The biggest industrial bankruptcy in history