General Motors (NYSE: GM) forecasts modest global industry growth in 2014 driven by the United States, China and Europe. Based on this outlook and the introduction of key vehicles globally, the company expects its total earnings before interest and tax (EBIT) adjusted to be modestly improved with improved underlying operating performance more than offsetting increased […]
Courtesy of USA Today: General Motors global product chief Mary Barra has been named the new CEO. Already one of the world’s most powerful businesswomen, she is the first woman CEO of a major automaker and one of the few ever to head a major industrial corporation. Barra, 51, takes over Jan. 15 from Dan […]
Courtesy of Fox News and Reuters: General Motors (GM) recorded U.S. sales growth of 7.2% in February amid a surge in crossover and truck sales, as well as improved performance from luxury brands Cadillac and Buick. The company extended a string of positive February sales for the auto industry when it announced on Friday that […]
