Showing posts with label GM. Show all posts
Showing posts with label GM. Show all posts

Jun 22, 2012

Seven Un-American Brands

Firestone tires was bought out in 1988 by Bridgestone, a Japanese rubber conglomerate based in Tokyo.

soap was bought in 2004 by by Henkel KGaA, of Germany.

Shell Oil
Company is the US-based affiliate of Royal Dutch Shell from Netherlands.

Church's Chicken
was sold in 2004 Arcapita of Bahrain (it removed bacon from its menu due to Sharia law).

Holiday Inn
is now owned by British InterContinental Hotels Group PLC.

The Chrysler building in New York is now owned by the Abu Dhabi Investment Council.

is now owned by Belgian company InBev.

Also, GM, Walmart, Symantec, Kodak (what's left of it), and McDonald's now get the majority of sales outside of the US.
In fact, 53.6% of total sales from all the S&P companies were made outside of the US.

Jul 21, 2009

Did You Know

GM sold only about 25% of its vehicles in the United States during the first quarter of 2009 and it just signed a new partnership with eBay that will allow buyers in California to bid on vehicles, the way they do for other vehicles. With the government owning over 60% of GM, maybe we are seeing the beginning of something - like selling healthcare services on eBay.