With its global headquarters in Detroit, GM employs , people in every major region of the world and does business in some countries. Company History:. After a brilliant stock buy back campaign, he returned to head GM in Sloan was inventing new ways of managing a complex worldwide organization, while paying special attention to consumer demands. Car buyers no longer wanted the cheapest and most basic model; they wanted style, power, and prestige, which GM offered them. During the s and s, General Motors assumed control of the Yellow Coach bus company, and helped create Greyhound bus lines.
He entered the sliding scale of how big do you want to go? In this process, at the race track, he hydrolocked his motor as a result of a failed intercooler. As the snowball rolls, he decided he was going to go big, instead of go home, when it came to fixing the motor. His thoughts, "You only live once, so what the hell!!
The textbook example of what goes wrong when a carmaker tries to badge engineer an economy car into a luxury car. Let me just start out by saying that the Jaguar X-Type and Lincoln Blackwood were already covered in another series, and that's why they aren't in this one. But as luck would have it, we did save the ultimate symbol of rebadging failure, the Cadillac Cimarron. Platform sharing is a practice which has proven quite successful in a number of cases, but rebadging is quite often a total disaster. What's amazing about this is that automakers never seem to learn.