GM quick recovery: deduction of return of the King in 2010
Figure to universal ruin costs, employees, cash flow, and other changes
Although the pace of recovery of General Motors or Ford is not car fast (the latter in February for the first time beyond the General becomes the first American sales), but the industry or the progress of the General Motors showed great affirmation. General stability of their market share in the United States, the reduction of the cost (as determined by the bankruptcy of 378 million to 311 million), reduced promotional efforts, reduce inventory, increase the resale value.
Some cars are common, such as the Chevrolet Bumblebee and Cadillac SRX also qualify as market top models, even once in the Valley of the Buick brand because new Lacrosse (Gallery Forum) (LaCrosse) and en-Kore (Enclave) sold the "dead".
According to industry analysts estimated that GM 2010 post-marketing, its market value can be up to $ 50 billion, surpassing the Ford and Daimler automotive. GM's market value, why can so high? General Motors currently has an improved balance sheet. In the third quarter of fiscal 2009, GM's cash flow to 420 billion, before GM backpack 290 billion of debt. Have to admit, the United States Government is the largest contributor. In 2008-2009, United States Government to General Motors into the 500 billion u.s. dollars of funds.
In addition, General Motors in China also has a joint venture company (Shanghai GM). In China, the world's largest automobile market, this joint venture accounted for 15% of market share. The General Motors, is undoubtedly a big advantage.
[Edit: sunnyma]