General Motors
Nearly three-fifths of the employees at General Motors Corp. work for a company that makes cars that are admired, popular and profitable.
They just don't work in the United States.
GM has a bigger presence outside the U.S. than in it, employs more people in other countries than here, and actually makes money selling cars everywhere from Sao Paulo to Shanghai.
Its U.S. revenue has sunk 24% in the last three full years, but in the rest of the world, GM can boast a 28% increase.
Now, as lawmakers mull whether to provide billions of dollars in loans to keep the Detroit-based company from collapse, GM's global reach has become in many ways its most overlooked asset and a key to its ultimate survival.
Through the first nine months of this year 08, 4.3 million of the 6.7 million cars and trucks GM sold -- nearly two-thirds -- were purchased outside this country Usa.
And of the company's 252,000 employees, 152,000 (~60%)work abroad, building Chevys, Opels, Vauxhalls, Holdens and Buicks in 33 countries.
Yet the U.S. continues to be GM's largest single market in terms of revenue, with $115 billion in sales last year.
The automaker's China operations include 11 plants and roughly 20,000 employees, not to mention a $250-million research campus in Shanghai, with annual sales growth of at least 27% over the last four years.
from: http://www.latimes.com/news/la-fi-gmworld7-2008dec07,0,1378401.story?track=ntothtml
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