GM needs product appeal for turnaround - analysts

Newswire

By Jui Chakravorty DETROIT, Nov 22 (Reuters) - In an industry where 'product is king,' General Motors Corp. is in dire need of attractive new vehicles to rule the road, analysts say, mostly dismissing a move by the ailing auto giant to cut jobs and close plants plants to save billions of dollars a year. The world's largest automaker on Monday said it will cut 30,000 North American manufacturing jobs and close 12 operations as part of a broader restructuring plan. "I don't think the ...

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