Review Car

GM Causing Themselves Trouble

Last year, with the stock offering by General Motors, there seemed to be a Cinderella story that was opening in front of our years. The stock was supposed to only bring around ten billion and ended up bringing almost double that, which was the first good news for the company. They introduced a few new models of vehicles and found that they were selling very good and consumers had an interest in them. However, since the beginning of the new year, the company has turned the Cinderella story into a tale of horror. 

So what has changed? It would seem that the automaker is losing a bit of the reputation that they have had. For example, they use to dominate the Chinese market, though they are finding that they are losing points with this area as well. Not to mention the declining respect that they are earning in the European market. However, in the United States, the incentives that they are drawing in the consumers there is no doubt about that, but the company is losing money in this way. And the models that they are offering just do not seem to be attracting as many buyers as they had hoped. 

One of the other aspects that has many people nervous is the fact that the line of officials in the offices of General Motors are basically working on what people have termed the rotating door. There can be no real progress until GM finds those that are going to stick with the company and see it through its long-term success. With the introduction of the new officials, the company cannot possibly keep to its goals since they are constantly changing. The main thing that others can learn from the mess that GM is slowly putting themselves into is that the company is doing it to themselves through making decisions that are not going to have long-term affects.