New GM Management: Agile or Adrift?

Eager to show the world that bankruptcy had not dulled its ability to fast-track a good product, General Motors Co. Vice Chairman Tom Stephens announced plans at an automotive conference this month for a new Buick plug-in hybrid-electric cross/utility vehicle.

Less than two weeks later, GM pulled the plug on the program, raising concerns that a whirlwind 39-day tour through bankruptcy court ...