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Essay

General Motors - Financial Ratio Analysis

Essay specific features

 

Issue:

Business

 

Written by:

Monica T

 

Date added:

November 26, 2016

 

Level:

University

 

Grade:

A

 

No of pages / words:

6 / 1536

 

Was viewed:

7180 times

 

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Essay content:

He formed the General Motors Company in Flint, Michigan, in 1908. Durant had bought 17 companies (including Oldsmobile, Cadillac, and Pontiac) by 1910, the year a bankers' syndicate forced him to step down. In a 1915 stock swap, he regained control through Chevrolet, a company he had formed with race car driver Louis Chevrolet...
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GM created the GM Acceptance Corporation (auto financing) and acquired a number of businesses, including Fisher Body, Frigidaire (sold in 1979), and a small bearing company, Hyatt Roller Bearing. With the Hyatt acquisition came Alfred Sloan, an administrative genius who would build GM into a corporate colossus...
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