General Motors Corp. will delay some vehicle programs in North America and Europe, cut production and further trim its salaried workforce, in an effort to conserve cash amid the record downturn in auto sales that is costing the auto maker billions of dollars. GM reports a third-quarter loss today of $2.54 billion, unadjusted for special items, compared with a loss of $38.96 billion in like-2007, a year-ago result burdened by $38.3 billion in tax accounting measures. Revenue in the most ...
Premium Content (PAID Subscription Required)
"GM Targets Programs, Production, Payroll Following $2.5B Q3 Loss" 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
Lisa Williamson by email: email@example.com or phone: (248) 799-2642
Current subscribers, please login or CLICK for support information.