Professional Documents
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Crisis Presentation FINAL
Crisis Presentation FINAL
Crisis Presentation FINAL
Private
Sector :
Manufacturing
Story of General Motors in
Fighting Covid 19
Group
Members
• Arfan Ahmed
ID : 0813200
• Sihanuk Mustafa
ID : 0805797
• Adeosun Adebayo Samuel
ID: 0826969
History of General
Motors
General Motors was
established in in 1908 Four Decades Later,in 1953,
by William C.Durant GM built their second plant in
Oshawa
in United States of
America
1918
1908 1953
1918
1908 1953
In Canada , General
Motors (GM) started
their business in 1918 by
acquiring Sam
Mclaughlin’s car
manufacturing in
downtown Oshawa.
History of General
Motors
Four Decades later, in
General Motors was established
1953, GM built their
in in 1908 by William C. Durant second plant in
in United States of America Oshawa
1918
1908 1953
6. Financial Stability
GM's strong financial management
enabled effective navigation of the
economic downturn, maintaining
liquidity for sustaining operations and
strategic investments.
1. Production Shutdowns:
• In March 2020, GM had to temporarily shut down its manufacturing
plants.
Badly
2. Supply Chain Disruptions:
• GM Canada's Q3 2021 sales plunged by 23%, primarily due to a global
semiconductor shortage.
What Went
$800 million because they sold fewer cars
and made less money.
Cost Management:
• Implemented cost-cutting measures such as
reducing executive salaries, deferring capital
expenditures, and optimizing operational costs.
Innovation and Flexibility:
• Used virtual tools for design,
engineering, and collaboration to
continue product development
despite restrictions on physical
meetings.