General Motors (GM) is the world's largest manufacturer of cars and trucks. The company is exposed to many riskslegal risk, currency risk, interest rate risk, commodity price risk and equity price risk. The article outlines these risks and the mechanisms GM employs to manage them.
General Motors (GM), the world's no.1 maker of cars and trucks, owned brands such as Buick, Cadillac, Chevrolet, GMC, Pontiac and Saab. GM also manufactured cars overseas through its Holden, Opel, and Vauxhall units. Other operations included Hughes Electronics, Allison Transmission (heavy--duty automatic transmissions), and GM Locomotive (locomotives, diesel engines). GM also had stakes in Isuzu Motors, Fuji Heavy Industries (Subaru), Suzuki Motor, Fiat (Alfa Romeo, Lancia), and GM Daewoo Auto & Technology. Subsidiary, General Motors Acceptance Corporation (GMAC) provided financing. |
