Where is the Car Industry Going?
The car industry is going through some major changes, and some of the best car manufacturers are going to be the ones that are able to take advantage of these changes. In this article, you will learn about some of the companies that are making the biggest strides, as well as some of the big trends that are in the works.
General Motors’ struggle to turn itself around
The world’s largest automaker, General Motors, has been on a downhill trajectory for years. Over the past decade, it has watched key competitors push ahead of it in the global sales race. With little cash on hand, GM is now desperate to obtain government money to stay afloat.
A look at GM’s corporate portfolio reveals a multi-level set of products, including models within brands, markets, and even supply chains. This proliferation of products has negatively impacted the company’s cash flow. In fact, …