4. GM’s 2014 Profits to Pay for Restructuring & Fixing Europe for the Future

Wall Street Journal

  • Pro­ject­ed that near­ly $8B GM Prof­its will be plowed back to pay for glob­al plant changes
  • Tak­ing advan­tage of improved earn­ings to take aggres­sive steps to fix things
  • Expect­ed to invest $1.1B on restruc­tur­ing assem­bly plants & pulling Chevy out of Europe
  • Plans to pay 30 cents per share quar­ter­ly div­i­dend & growth in retail mar­ket share
  • New Impala and the Sil­ver­a­do pric­ing will add to sales vol­ume
  • Doing a num­ber of “Repair Jobs” will help GM retain their momen­tum

Note from the Pub­lish­ing-Edi­to­r­i­al team at Auto­mo­tive Infor­ma­tion Net­work: This aggre­ga­tion and diges­tion of six care­ful­ly select­ed auto­mo­tive indus­try news devel­op­ments is intend­ed to enable you to scan and cap­ture these six reports in 60 sec­onds or less.  Please route to your deal­er man­age­ment team.



0 Comments

    Leave a Reply

    Your email address will not be published. Required field are marked *.