debts taken by Durant for the acquisition of these companies could not be fulfilled on time and hence he lost control of the GMC. However, after some years, he bought the GMC back under his management which was followed by some of the major corporate finance battles in the business world (Sloan, 1963). But the company and its franchises through the chaos was still able to grow and make profits throughout the 1970s and 1980s and according to a www.compete.com review the GMC official site (www.gm.com), by the end of 2008, will have an annual record of having at least 7 million hits.
             Apart from having such a rough corporate history, where the management's power struggle lef
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