Hints and tips:
...General Motors was facing criticism from across the political spectrum on Monday over its decision to shutter a Chevrolet Cruze plant in Lordstown, Ohio....
...“We are on the verge of a historical agreement in Korea,” which would save $400m to $500m in costs and return the business to profitability, chief financial officer Chuck Stevens said in a media briefing...
...Chuck Stevens, GM’s chief financial officer, says the change to the existing business will not be rapid or immediate....
...Its chief financial officer, Chuck Stevens, said its South Korean deal would save $400m-$500m in costs and return the business to profitability....
...“The US industry is going to be strong but we expect it to be lower in 2018 versus 2017,” said Chuck Stevens, GM’s chief financial officer....
...Chuck Stevens, GM’s chief financial officer, said: “There’s a very real potential that this business is bigger than our current business — at better margins and higher returns.”...
...GM, which owns the Cadillac, Chevrolet and Buick brands, announced adjusted pre-tax profits of $3.4bn for the three months, up by $700m on the same period last year....
...At the show, the company introduced a new version for the US of the Buick Envision SUV and a hatchback version of the Chevrolet Cruze compact car, as well as giving further details of its Chevrolet Bolt...
...The product mix would improve in 2015 mainly because it would be the first year with a full portfolio of new, large SUVs such as the Chevrolet Tahoe and Cadillac Escalade, Mr Stevens said....
...GM launched new versions of its full-size Chevrolet Silverado and GMC Sierra pick-up trucks last year, as well as other updated SUVs this year....
...However, Chuck Stevens, GM’s chief financial officer, said the company would stick to its “disciplined” approach to incentive spending....
...The company named Chuck Stevens, previously the financial officer for North America, CFO to replace Mr Akerson....
...Carmakers are now co-operating to build this infrastructure with utility companies, which see demand from plug-in hybrid and electric vehicles as a source of future revenue....
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