This action might not be possible to undo. Are you sure you want to continue?
General Motors Company
World’s Largest Auto Manufacturer
In 2000, Sales Exceeded $183 Billion Globally Gaining $5 Billion in Profits
Manufacturing Facilities in Over 30 Countries Sell Vehicles in Over 200 Countries As of 1999, GM Held 15.1% of the Automobile Market
Richard Wagoner John M. Devine Robert A. Lutz
GM Chairman and Chief Executive Officer GM Vice Chairman and Chief Financial Officer GM Vice Chairman, Global Product Development
Under Billy Durant’s leadership, General Motors Company is organized on September 16, 1908 Today, GM is recognized as the world’s largest automaker Global automotive sales leader since 1931 Has manufacturing operations in 32 countries and its vehicles are sold in 200 countries Currently, GM Dealers in the United States have sold 257,623 new cars and trucks as of October and 445,555 of pre-owned cars
Developing a portfolio of future options to internal combustion engines Investing dedicated to improving cultural, economic, educational, environmental, and social aspects of our communities Supporting a strong and diverse base of K12 education programs, especially in science, mathematics, and business
Chevrolet, Pontiac, Buick, Oldsmobile, GMC, Cadillac, Saturn, Hummer, Saab
Alliances with Suzuki and Isuzu Motor Companies Technological Alliances with Toyota and Honda Motor Companies Setting the Standard
3rd on Fortune 500 List 3rd on Global 500 List
Ford Motor Company
More Environmentally Friendly
Cleaner Engine Emissions Working With Environmental Groups to Help Clean the Environment Solar Power
Giving to More Charities
GMAC Financial Services
Mortgage, Auto, and Business Financing
Electronic Business and Digital Technology
Direct TV OnStar System
Becoming More Environmentally Friendly
1. 2. 3.
Ford Motor Company Toyota Motor Company Volkswagen
GM Operating Income
Revenue Expenses Income
Sep-04 Oct-04 Nov-04 Dec-04 Jan-05 Feb-05 Mar-05 Apr-05 May-05 Jun-05 Jul-05 Aug-05 Sep-05
2004 Sales Revenue Employees At 2004 Year-end
William Clay Ford, Jr. Chairman of the Board Chief Executive Officer
The World Headquarters of Ford Motor Company is located in Dearborn, Michigan There are approximately 300,000 current employees 108 plants worldwide With eight affiliated automotive brands
• Ford Motor Company, a global automotive industry leader based in Dearborn, Mich., manufactures and distributes automobiles in 200 markets across six continents. With about 300,000 employees and 108 plants worldwide, the company’s core and affiliated automotive brands include Aston Martin, Ford, Jaguar, Land Rover, Lincoln, Mazda, Mercury and Volvo. Its automotive-related services include Ford Motor Credit Company.
• Ford Motor Company offers a wealth of variety to the automotive consumer. As we start our second century of business, we are in a position to appeal to the widest range of potential customers. Each of our automotive brands has a unique personality and holds a distinct place in the Ford Motor Company family.
The Ford Motor Company started on June 16, 1903, Ten years later Henry Ford founder of the Ford Motor Company started the first moving assembly line in Highland Park, Michigan. The new assembly proved to be extremely efficient and they quickly out produced their competitors. With the number of cars in production and how easily they could be produced Ford was able to sell them affordably to almost all social classes and paid his employees a record breaking 5 dollars a day, which was unheard of at the time.
Mission, Goal and Strategy
Goal- Our vision is to become the world?s leading consumer company for automotive products and services. Mission- We are a global family with a proud heritage, passionately committed to providing personal mobility for people around the world. We anticipate consumer needs and deliver outstanding products and services that improve peoples lives. Strategy - The customer is Job #1. We do the right thing for our customers, our people, our environment and our society. By improving everything we do, we provide superior returns to our shareholders.
Total Vehicles March January-March Total Cars March January-March Total Trucks March January-March
2006 2005 %Change 21,355 18,949 +12.7% 48,167 44,530 +8.2% 6,436 5,273 +22.1% 14,215 11,788 +20.6% 14,919 13,676 +9.1% 33,952 32,742 +3.7%
Activities at Leadership Conference
Workshops to learn more about Ford Interview with two managers in you area of interest Join small team and recommend solution to a current business issue Learn about products through activities like a facility tour Hiring decision is made at end of conference
Three key success factors
Technology - Improving the driving experience: doing things such as equipping cars with televisions, terrain response technology for smoother driving, and voice recognition to control many functions, including navigation, phone, entertainment, climate control, the retractable roof, and personalization preferences.
Three key success factors cont
Safety - Protecting you and your family: Rollover protection and innovative restraint systems keep you safer in the event of an accident. Design - Ford believes that cars should not only be safe and technologically sound, but also nice to look at, for this reason Ford is constantly make new and innovative car models such as the new Focus ST, and Land Rovers new Range Stormer.
Outsourcing - Because of outsourcing while Ford is increasing productivity and cutting cost, they are also firing a lot of their employees some of which have been there for years. So because of this Fords employee loyalty is decreasing. Quality - Though they have safe and innovative designs Ford has a reputation of making cars with poor quality. Since Ford makes their cars with the intentions of cutting costs they don’t of ten use the most expensive parts, as a result their vehicles do not last as long as their competitors overseas. Customer loyalty - Because of the expendable manner in which Ford treats their employees, customers often label Ford as an “unappreciative” company, which lessons the Brand loyalty of the company.
Vehicles- Ford Motors have been pushing technology to it’s limits since the model T. Currently they are looking for fuel reducing engines and alternative fuel sources. Hydrogen engines are currently being researched. Production- the cars and trucks made on the assembly line in Ford’s factories are aided by advanced computers pushing robotics to their full potential.
Cheaper labor continues to move car manufacturing jobs outside the U.S. Recently Mazda signed a deal with IBM Japan to undertake the development and maintenance of Mazda’s information system. Deal could be worth 50 billion yen in ten years.
The threat are really the same across the board for the automobile industry. Competition is huge, in this industry, and nothing hurts a company more than internal strife, as is the case with Ford Motor Company. Also an impending recession does not smile upon any industry in this day and age.
Ford Motor Company is a very successful company even though they are going through some hard times right now. They have a very good business structure and they have maintained that through out the years.
Lack of Diversification Feel the Need to Refurbish Older Lines to Stay Competitive Smaller Share of the Market than Ford or GM
State-of-the-Art Technology Center in Auburn Hills, MI
Hard at Work to Keep Chrysler Competitive
Need to Expand More Into Foreign Markets
Development of passenger cars, light trucks, commercial vehicles Operates as Mercedes Car group, Chrysler Group, Commercial Vehicles, and Services Provides Financing to dealers for property, plant, and equipment purchases, and vehicle inventory Strategic Partnerships with Mitsubishi Motors Corporation, General Motors Corporation, BMW Group,
Ford Motor Company
Firestone Tire Recalls
Caused Stock Price to Suffer--$14.70, Lowest in Years
CEO Jacques Nasser and Chairman Bill Ford Jr. Cannot Get Along
This past Week, Bill Ford Took Over as CEO
Cash Reserves Have Sunk to $4.1 Billion
$13 Billion on Acquisitions $3.5 Billion to Cover Tire Recalls