: About Me

After 84 years that joined the Dow Jones Industrial Average, General Motors (GM) went to bankruptcy. A brief analysis of its history could show both why it happened and the market trends opened with these new precedents. It's believable that GM's culture became conservative and used to change only in times of crisis. In the 1970s, GM tried to change its production process when Japanese cars, smaller, but more efficient, got the cars market during the oil crisis. This attempt surely was made with little planning and high costs as a reaction to the crisis. It may explain why the company's he...