Question
What is the objective of General Motors? Listed in detail! General Motors is one of the largest automakers in the world and the largest American
What is the objective of General Motors? Listed in detail!
General Motors is one of the largest automakers in the world and the largest American auto company, with four US vehicle brands, and various other subdivisions. Being one of the largest auto manufacturers, and likewise one of the largest manufacturers of pickup trucks. In 2020 GM Sold 968,438 mid and full-sized trucks under its combined brands, namely Chevrolet and GMC. GM faces various strategic challenges in today's business environment. Some of the key challenges include government environmental regulations, the emergence of electric vehicles, fuel prices, and the severe supply chain breakdowns currently affecting the entire economy. GM's current stated goals include, electrification, developing autonomy technology, being socially responsible, and vehicle safety. Three out of four of these objectives are based in technology. It could be said that GM is seeking to be a tech leader in the automotive industry.
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