Struggling carmaker GM likely to restructure again
In Detroit this morning, General Motors Corp.’s Rick Waggoner is expected to announce another company restructuring “to align the business to current market conditions.” Those would be the dwindling cash position, lagging truck and SUV sales, the tanking stock price and increased competition from Japanese carmakers. Guest: Jamie Butters, Detroit Free Press
Will you support The World with a monthly donation?
Every day, reporters and producers at The World are hard at work bringing you human-centered news from across the globe. But we can’t do it without you. We need your support to ensure we can continue this work for another year.
Make a gift today, and you’ll help us unlock a matching gift of $67,000!