GM lost $1,227 per vehicle through June - Harbour

Newswire

DETROIT, Aug 29 (Reuters) - General Motors Corp. lost an average of $1,227 per vehicle in the first half of this year in North America, while cross-town rival Ford Motor Co. lost $139, according to new research from Harbour Consulting. "GM has two to three people sitting at home for every single person working today and that has a huge legacy cost impact on them," Laurie Felax, vice president of Harbour Consulting, told an automotive conference on Monday. "It wipes away any profit that ...

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