General Motors has been highly scrutinized ever since its financial bailout back in 2008. But as of late, the automaker has been receiving quite bit of praise thanks to its latest line of newly developed vehicles. Cars like the Opel Astra, 2016 Chevrolet Camaro, Colorado, and Volt have earned multiple awards from various organizations.
A strong and healthy business doesn’t rely solely on having great products, it has an efficient and effective business models as well. We’ve seen GM’s efforts to refine the skills of its employees, and we’ve seen it make an effort to give back to the community on a global scale, but GM has taken a very close look at the numbers, too. And according to the respected Autoline Network, General Motors is showing more business discipline than its domestic competitors, Ford and Fiat Chrysler Automobiles.
Autoline says that there are two data points that show GM has evolved from the company that was bailed out years ago. The first point is that GM has lowered its fleet sales and is instead putting more effort in its retail division. The second point is that GM has a lower inventory at its dealerships than both Ford and FCA. As Autoline explains, the less cars on the lot, the less incentives manufacturers will have to give to in order to move said cars.
If we may translate, it sounds like folks are starting to see GM as a company that aims to make solid products for its customers, and is no longer primarily focused on a ‘high-volume, low-quality’ business model. Click play to hear about this along with Volkswagens struggle to find a solution with regulators following its scandal, how autonomous vehicles may also lead to greater fuel efficiency, and more.