DETROIT -- General Motors Corp. will pull ahead European capacity cuts planned for 2003 as part of its Olympia restructuring plan to this year, a top company executive tells media gathered at the North American International Auto show. Timing for planned administrative expense cuts also has been moved forward. “The reality of the situation is the market is a lot tougher than we expected. So we’re going to have to move quicker,” says GM Europe regional President Mike Burns. Capacity ...
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