GM is about to surprise everyone
GM entered bankruptcy in 2009, suffering from decades of misguided management attempts to remain one of the largest auto companies in the world. This goal led to poor strategic and capital allocation decisions.
Since GM’s emergence from bankruptcy in 2009, the company has been viewed as pre-historic and unable to adapt to the demands of a more ‘green’ consumer. With ride sharing and electric vehicles looking more likely in the near future, the market has doubted GM’s ability to keep up. According to Avenir Capital’s Adrian Warner, the market has simply misunderstood.
“GM is seen as a dinosaur and roadkill on the technology highway and we just think that’s completely wrong.”
In this short video, Warner discusses GM’s move towards zero crashes, zero emissions and zero congestion, where GM makes more than 100% of its profits, and why the company is massively misunderstood.
Avenir Capital is an Australian based investment manager, specialising in value-oriented global equity investments. You can find out more by visiting their website.
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