DETROIT -- General Motors Corp. may have to scale back some fringe element product programs if the U.S. economy worsens in 2002, the company’s top executive tells Ward’s. However, GM’s cash horde of about $11 billion should enable it to avoid eliminating or delaying major product programs. “I think we’re pretty well-positioned, at this point, our cash reserves are strong,” GM Chief Executive Rick Wagoner says. “And while much has been made of credit downgrades, those are issues that more ...

Premium Content (PAID Subscription Required)

"GM Avoids Cutting Major Programs" 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 WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Already registered? here.