PARIS, Sept 28 (Reuters) - General Motors Corp. has increased its spending for research and product development this year despite a massive effort to cut costs across the company, Vice Chairman Bob Lutz said on Thursday. GM, which is in the midst of a sweeping restructuring aimed at returning the automaker to profitability, is investing more in design, engineering and advanced technology such as hybrids, plug-in hybrids, diesel engines and fuel cells, Lutz told reporters at the Paris auto ...
Premium Content (PAID Subscription Required)
"AUTOSHOW-GM design, engineering budget up despite revamp" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642
Current subscribers, please login or CLICK for support information.