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- GM tells analysts it's making progress on costs
GM tells analysts it's making progress on costs DETROIT (AP) — General Motors' product development chief says the company is making progress on cutting costs to improve profit margins. Senior Vice President Mary Barra told a group of financial analysts on Wednesday that GM is saving money by using the same parts on many vehicles. GM's pretax profit margin in North America— the amount of each ...
June 15, 2013 - seattlepi.com - GM targets 10 pct. pretax margin by mid-decade
GM targets 10 pct. pretax margin by mid-decade Associated Press Copyright 2013 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Updated 1:05 pm, Wednesday, June 12, 2013 DETROIT (AP) — Cost-cutting efforts and fresh new vehicles should help General Motors Co. boost its North American pretax profit margin to 10 percent by the ...
June 15, 2013 - seattlepi.com - GM to Shift Korean Production
GM decided to produce the vehicle at Opel's unit in Zaragoza.
June 14, 2013 - Zacks via Yahoo! Finance
Quotes
- Tod Leiweke in Globe and Mail
We now turn our full attention to the hiring process for a general manager,Leiweke said. "Our intended structure is for Pete and the new GM to work in a collaborative capacity on football matters." - Rick Wagoner in CFO.com Magazine
Last year "was an extremely difficult year for the US and global auto markets, especially the second half," chairman and CEO Rick Wagoner said. "These conditions created a very challenging environment for GM and other automakers, and led us...