(Recasts throughout, adds details, quote) DETROIT, Jan 25 (Reuters) - In an effort to boost liquidity, General Motors Corp. on Thursday said it is considering strategic options for subsidiary Allison Transmission, including a possible sale. The world's largest automaker, which lost $10.6 billion in 2005 and about $3 billion in the first three quarters of 2006, is in the middle of a restructuring effort that focuses on cutting costs and improving cash flow. "This process is another ...
Premium Content (PAID Subscription Required)
"UPDATE 1-GM looking into selling Allison Transmission" 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!
Current subscribers, please login or CLICK for support information.