OPTIONS BEAT-Investors guard against GM 'catastrophe'


By Doris Frankel CHICAGO, March 22 (Reuters) - Even as General Motors Corp. announced a sweeping deal to cut its blue-collar work force, some institutional investors remained cautious on its outlook and kept long-term option hedges in place as a form of "catastrophe insurance," traders said on Wednesday. GM and its former subsidiary, bankrupt auto parts supplier Delphi Corp. , unveiled a plan to offer early-retirement packages to over 125,000 union workers. The deal could reduce the ...

Premium Content (PAID Subscription Required)

"OPTIONS BEAT-Investors guard against GM 'catastrophe'" 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: lwilliamson@wardsauto.com or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.

Feb 23, 2018

Chrysler Pacifica 3.6L V-6 eHybrid – 2018 Award Acceptance

Mike Duhaime, director-electrified propulsion engineering at FCA, accepts Chrysler Pacifica Hybrid award at the 2018 Wards 10 Best Engines ceremony....More


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×