Cost Leadership Early Years Used a constitute leadership plan of attack to push their cars towards the public and grab market place share 80s & 90s Differentiation approach to become much innovative and more attractive in the industry. Globalization of their products, entering into international markets Broad Market GM targets a broad market, they do not nidus on cars customized for all(prenominal) single consumer they look at the market as a whole Differentiation Automotive Design 1927 Cadillac LaSalle This was one of their first attempts at differentiation in the industry by designing a car that was seen as far more than just a method of transport Innovation The troupe began to revolutionize the industry with innovations like: Independent Front oscillation Suspension Unibody Construction One-Piece Steel roof Fun To Drive GM focused on designing cars that were fun for consumers to drive Historical Functional Strategies 1920s A Car for every purse & purpose Cars made for more than transportation 1930s Innovations in development of new technology 1940s much than $12 billion in materials delivered to U.S.

war effort Including airplanes, trucks, and tanks 1950s proceed focus on innovation 1953 Chevy Corvette first production sports car 1960s - 1970s Reengineering more fuel efficient cars Environmental concerns, hike fuel prices and foreign competition led to a focus on lighter, more fuel efficient and aero-dynamic cars. 1971 pioneered engines that could run on unleaded gasoline 1974 first to offer air bag in a car 1980s - 1990s Globalization Entering foreign markets, acquiring new brands like Saab and Hummer Present Innovation Continue to make cars more fuel efficient while focusing their efforts on hybrid and electric cars. Methods of Growth Combination of Internal Development and External Acquisition historically GM has owned or had equity in many a(prenominal) other... If you want to get a full essay, order it on our website:
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