DETROIT, July 31 (Reuters) - General Motors Corp.'s North American results for the second-quarter showed that the automaker needs to "keep the pressure" on cost-cutting and address health care costs, Chief Financial Officer Fritz Henderson said on Tuesday. Henderson, speaking to reporters after GM reported higher-than-expected overall net income of $891 million for the June-ended quarter, said the $39 million net loss GM posted for its North American operations was not "satisfactory." ...
Premium Content (PAID Subscription Required)
"GM needs to sustain cost-cutting 'pressure'-CFO" 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!
Current subscribers, please login or CLICK for support information.