General Motors Corp. hasn't thrown in the towel in the battle for market share in 1999, top executives say. “We are not in a race to shrink the company or shrink our market coverage,” Chairman and Chief Executive John F. Smith Jr. tells stockholders last week at the company's annual meeting in Wilmington, DE. In fact, North American and European operations are running at record levels, he says. The GM chairman says he doesn't expect any increase in interest rates in the U.S. But a single ...
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