Volatile activity on Wall Street, brought about by the lack of a president-elect and the slowest economic growth rate in four years, may delay action by the General Motors Corp. board of directors regarding the automaker's highly prized Hughes Electronics Corp. The board is scheduled to meet Tuesday (Dec. 5), and last week it was disclosed that GM had stopped in November a $1.4 billion program to repurchase 32 million shares of common stock. Stopping a stock repurchase program implies “a ...
Premium Content (PAID Subscription Required)
"GM Patient for Hughes Deal" 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.