As historic as Mary Barra becoming the first female CEO of an automaker might be, experts say it also signals recognition of the complicated nature of a global, highly competitive and strictly regulated business....More
The lease expirations also will arrive just weeks after the U.S. government fully divests its stake in GM, which might erase a black mark against the automaker in the eyes of consumer boycotting its products....More
GM Vice Chairman Steve Girsky shares his view on GM’s global strategy amid fluctuating fuel economy and emissions regulations, as well as the automaker’s outlook on Europe and new emerging markets such as Mexico....More
* GM to shut Chevy in Europe in response to downturn
* GM to focus resources on expanding Opel/Vauxhall brands
* To result in net special charges of $700 million-$1
* Attempted Chevy revamp put it in competition with Opel
* Chevy wind-down in Europe to hurt auto production in Korea
By Edward Taylor and Ben Klayman...More
Some suppliers are investing in additional facilities because they are confident current production levels will be sustained and because they have exhausted most of their avenues to stretch available...
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