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GM’s good cheer is likely to run out of gas

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Mary Barra juiced GM's shares by forecasting 10 pct earnings growth. But relying on cost cuts and new trucks will make profit gains hard to sustain. AntonyMCurrie

 

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After laying off 15,000 workers, GM has a message for Wall Street — and TeslaGM's CEO Mary Barra said Friday there would be no layoffs in 2019 — 'based on current market conditions.' Lay off some Government workers and note the difference in the way NBC covers the story I am sure this is a nice consolidation for those 15,000 people out of a job. How about hiring some back. GM selling lots of vehicles.
Source: NBCNews - 🏆 10. / 86 Read more »