Kerkorian sale could turn up heat on GM's CEO - WSJ


NEW YORK, Nov 24 (Reuters) - Billionaire investor Kirk Kerkorian's decision to sell a big chunk of his General Motors Corp. shares is likely to turn up the heat on the auto maker's chairman and chief executive, Rick Wagoner, the Wall Street Journal reported on its Web site on Friday. Kerkorian's Tracinda Corp. investment firm said on Wednesday it sold $462 million worth of GM stock, cutting its stake in the automaker to 7.4 percent from 9.9 percent. The disclosure left investors ...

Premium Content (PAID Subscription Required)

"Kerkorian sale could turn up heat on GM's CEO - WSJ" 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 pricing and subscription information please contact
Lisa Williamson by email: or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×