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Grupo Carso, S.A. de C.V. · México, D.F. Mexico ·(Pink Sheets: GPOVY)(Mexican: GCARSOA1)

Company Description

Miguel de Cervantes Saavedra 255 Col. Ampliación Granada
México, D.F.
11520
Mexico (Map)
Phone: +52-55-5328-5800
Rankings
  • Mexican Bolsa
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Slim equals fat assets for Mexican billionaire Carlos Slim Helú. His sprawling conglomerate, Grupo Carso, owns more than 80% of Grupo Sanborns, which includes the Sanborns department store chain, and a majority stake in Sears Roebuck de México. Grupo Carso's business divisions include its companies serving Commerical (formed by Grupo Sanborns), Infrastructure and Construction (CICSA), Industrial, and Telecommunications markets, as well as Hotels. Grupo Carso has interests in cigarette maker Cigatam, global manufacturer Condumex, and railroad, chemical, and mining concern Empresas Frisco, as well as hotels (Ostar). Slim has handed control of Grupo Carso's operations to his three sons. To read the full description, subscribe now.
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Key Grupo Carso, S.A. de C.V. Financials

Company TypePublic - Pink Sheets: GPOVY - Mexican: GCARSOA1

Headquarters
Fiscal Year-EndDecember
2007 Sales (mil.)$6,863.5
2007 Employees78,904

Grupo Carso, S.A. de C.V. Executives

30 executives listed for Grupo Carso, S.A. de C.V.'s México, D.F.,  location.
TitleName & BioContact
Chairman, Grupo Carso and Grupo Sanborns; CEO, Sanborn HermanosCarlos Slim DomitNetwork
Vice Chairman; Chairman, América MóvilPatricio Slim DomitNetwork
CEO, Grupo Carso and CondumexHumberto Gutiérrez-Olvera ZubizarretaNetwork

Competition

Competitive Landscape for Grupo Carso, S.A. de C.V.
Demand for auto parts is driven by new car sales, which are strongly affected by interest rates, and by the replacement market. Company profitability industry depends partly on the difficulty of manufacturing products and partly on demand volume, since many costs are fixed. Small companies can compete successfully by focusing on a small number of products or some highly technical ones. The structure of the industry is complex, with most smaller companies (referred to as "tier 2" and "tier 3" suppliers) selling parts to larger suppliers (referred to as "tier 1" suppliers), who in turn sell component assemblies or modules to car and truck assemblers such as GM and Ford - collectively called OEMsTo read the full description, subscribe now.
Top Grupo Carso, S.A. de C.V. Competitors
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