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 ...

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