Part 7/8:
In light of its challenges, GM has begun refocusing its strategy significantly. By aggressively advancing its electric vehicle program, GM aims to regain footing in the North American market while simultaneously preparing for battle against competitive forces in China. It appears from the narrative that GM is pivoting to a more streamlined approach—focusing its resources primarily in two critical markets.
Through the adoption of a strategic plan targeting electrification and the localization of production, GM hopes to bolster its sales dramatically over the next decade.