Credit Card and Financial News

An up-to-date look at the Financial World

08 Oct

GM says cost-cutting nearly done, sales chief out (Reuters)

Posted in business on 08.10.09

General Motors Company President and CEO Fritz Henderson addresses the media during a news conference to announce GM's new corporate structure in Detroit, Michigan July 10, 2009. REUTERS/Rebecca CookReuters – General Motors Co is on track to complete a wrenching cost-cutting but faces risks from an uncertain U.S. economy and rising unemployment as it tries to win back consumers, the automaker said on Wednesday.



Related Blogs

tags:

No Comments »