General Motors Co. (GM) is replacing its president after a year. GM sells the most vehicles in China than in any other country. I thought this looked like an interesting article because of the book we read about General Motors in China. We learned about the partnerships that are needed between foreign companies and Chinese cities. The difference between the old president and the new president is he will have to report directly to the Chief Executive Officer Dan Akerson instead of the China chairman Tim Lee. This is a different hierarchy than what most foreign companies face whilst doing business in China.
Because of the vast section that the China market is, GM reorganized its overseas businesses to separate China. It is also going to change its headquarters to Shanghai. The president’s job is to integrate the China strategy and help work closely with those that undertake the day-to-day operations.