Managing Organization Change Project Proposal On General Motors And The Chrysler Group

Submitted By fluffy14

Words: 328

Pages: 2

Open Document

HRM-587: Managing Organization Change Project Proposal

Overview of Organizations
Shataun Hailey
September 7, 2015

I will be doing my course project on General Motors and the Chrysler Group. I have decided to use these companies to discuss the changes that each company endured during the most recent credit-driven recession. The automobile industry was one of the most effected sectors during that recession. Chrysler and General Motors were pushed into bankruptcy and 276,000 jobs in the automobile and parts industry were destroyed. That equates to a whopping 36 percent of the total employment in the sector (CHU. T.H. & YINGZI, 2010).
General Motors Company designs, manufactures, and markets cars, crossovers, trucks, and automobile parts worldwide (General Motors). The company markets its vehicles primarily under the Buick, Cadillac, Chevrolet, and GMC brand names. (General Motors ). Chrysler Group LLC, designs, engineers, manufactures, distributes and sells vehicles under the Chrysler, Jeep, Dodge, Ram and FIAT brands, and the SRT performance vehicle designation (Chrysler Holding LLC.).
Changes in recent years
Both companies in the last 25 years have undergone major facelifts ranging from filing bankruptcy, implementing new leaderships and names changes (Miel, 2014). In the beginning, there was Chrysler Corp, and then in 1998 Chrysler begat DaimlerChrysler which in 2009 became Chrysler Group. General Motors suffered the same fate and obstacles having to

Auto Industry Bailout Essay examples

of the auto industry in the city. At that time, Detroit was flying high, its name coined “The Motor City” (americaslibrary.gov), and automobiles greatly impacted commercialization. From transporting goods to hastening production, to selling parts, to manufacturing and selling new automobiles, the auto industry completely transformed Detroit. Things seemed…

Words 2099 - Pages 9

Fiat Spa Current Issues Essay

Current Issues andAffairs on Fiat Fiat Stock Rises on Bank Talks to Finance Chrysler Deal By Tommaso Ebhardt - May 31, 2013 3:55 PM GMT * Facebook Share * Tweet * LinkedIn * Google +1 * 0 COMMENTS * * Print * QUEUE Q Fiat SpA (F) rose to the highest in almost 22 months as investors see a merger approaching of the Italian carmaker with its Chrysler Group LLC unit amid talks with banks for as much as $10 billion in funding for the deal. Fiat jumped as much as…

Words 769 - Pages 4

Sustainability: Automotive Industry and Ford Vehicles Essays

www.ccsenet.org/ijef International Journal of Economics and Finance Vol. 4, No. 5; May 2012 Surviving the Global Recession and the Demand for Auto Industry in The U.S. – A Case for Ford Motor Company Norikatsu Hiraide Department of Mathematics, Computer Science and Economics, Emporia State University 1200 Commercial St. Emporia, KS 66801, USA Tel: 620-481-1927 E-mail: nhiraide@emporia.edu Kalyan Chakraborty (Corresponding author) School of Business, Emporia State University, 1200 Commercial…

Words 2607 - Pages 11

ford Essay

including 5,000 to 10,000 eiectric cars per year starting in2011. In mid-2009, Nissan Motor was granted $1.6 billion in loans also from the U.S. Department of Energy to build as many as 100,000 electric cars a year at its plant in Smyrna, Tennessee, by 2013. Ford's newest competitor may be the U.S. government because GM and Chrysler LLC are in line to get $62 billion in investments from the U.S. Treasury. GM and Chrysler have cut their debt and closed hundreds of dealers with that money, while Ford…

Words 3395 - Pages 14

History Of General Motors

General Motors Company was founded on September 16th, 1908 by William C. Durant. Durant was previously the owner of a company which led the horse drawn vehicle industry. When General Motors was founded, the headquarters was initially in Flint, Michigan. General Motors was a holdings company which quickly collected more than twenty different motor companies. Companies such as Oldsmobile, Pontiac, Cadillac, Buick, Opel(a German auto company), Chevrolet, and several others. Eighteen years after the…

Words 1548 - Pages 7

Ford: Ford Motor Company and Ford Essay

1903 with $28,000 in cash, Henry Ford started the Ford Motor Company, whose automobiles changes how the world moved.” Ford motor company is an American automaker and it is currently the world’s third largest automaker being based out of Dearborn, Michigan. The company was founded by Henry Ford and incorporated on June 16, 1903. During its early years, the company manufactured many vehicles in a short amount of time. Because of this, Ford motor company would go on to become one of the largest and most…

Words 2059 - Pages 9

Business Process Reengineering Case Study

Situated in Michigan in 1903 by Henry Ford and developed to achieve income of $150 billion and more than 370,000 representatives by 1996. In the 1970's, the vehicle advertises for the real automobile producers - General Motors (GM), Ford, and Chrysler-was crunched by rivalry from remote makes, for example, Toyota and Honda. In 1999, Ford procured the Swedish Volvo display trying to contend in the remote market and extend to different districts. Besides, Ford propelled a full association…

Words 851 - Pages 4

Ford: United Auto Workers and Ford Deal Essay

(Reuters) - Ford Motor Co agreed to invest more than $6 billion in U.S. plants, add another 5,750 jobs and pay bigger bonuses than General Motors Co in a new contract with the United Auto Workers union on Tuesday. Ford said the four-year contract for 41,000 factory workers would keep it cost-competitive with rivals, and analysts said it could clear the way for a credit upgrade that would bring down borrowing costs for the No. 2 U.S. automaker. The UAW, meanwhile, won new job promises and a…

Words 1020 - Pages 5

Micro: Marginal Cost and non Price Competition Essay

What do mutual interdependence and uncertainty mean with respect to oligopoly? Why are they special characteristics of oligopoly? One of the key characteristics of oligopoly is interdependence. Any change in the price and other economic factors by a firm will also bring about a change in the pricing policy of the rivals, as competition is limited. Apart from taking into account the demand for its products or cost of the products, oligopoly firms also consider the reactions of other rival firms…

Words 2248 - Pages 9

Essay Risk Management Within General Motors Company

Abstract This research looks at the General Motors Company and what led to company failure and filing of bankruptcy in 2009. The American automotive industry was poorly managed for years and was almost eliminated when the economy crashed in 2008. Without the help of the U.S. government, General Motors and Chrysler would not have been able to survive. How did GM, as the number one auto manufacturer and seller, go from being at the top to almost ceasing to exist? This kind of financial mess usually…

Words 3854 - Pages 16