News Source: Turks and Caicos Free Press
| about 1 month ago
General Motors Co (GM.UL) is on track to complete a wrenching cost-cutting but faces risks from an uncertain U.S. economy and rising unemployment as it tries to win back consumers, the automaker said on Wednesday. In an update on GM's progress in the...
News Source: Simi Valley - Moorpark Examiner
| about 1 month ago
In this Feb. 8, 2009 file photo, General Motors Vice-president for sale, service and marketing, Mark LaNeve, talks about the future of GM, at the Chicago Auto Show in Chicago...Less than a week after reporting a sharp drop in September sales, GM said...
News Source: Washington Post
| about 1 month ago
He forecast that next year there will be 11.5 million car and light-truck sales, more than 28 percent down from the industry's rate of about 16 million two years ago. "Everything we've seen . . . suggests that's a good number to use," Henderson said.
News Source: Channel NewsAsia
| about 1 month ago
General Motors said Wednesday its restructuring plans were on track as it seeks to return to profitability following a government-backed bankruptcy, but warned that risks remain. "We are achieving our goals," chief executive officer Fritz Henderson...
News Source: International Business Times
| about 1 month ago
General Motors Co is on track to hit its cost-cutting targets but faces risks as it tries to win back consumers in an uncertain U.S. economy, the automaker said on Wednesday. In a sign of the tougher scrutiny management faces under a new board of...
News Source: Asian Wall Street Journal
| about 1 month ago
General Motors Co. hasn't met several significant goals it planned to achieve by year's end, including work force reductions and the sale of failing brands. Chief Executive Fritz Henderson on Wednesday outlined progress made by GM in the 90 days...