Quote:
Originally Posted by Shaun @ Tru6
Will be interesting to see who is next.
GM to slash jobs and production, cancel some car models
GM said it will take pre-tax charges of $3 billion to $3.8 billion to pay for the cutbacks, but expects the actions to improve annual free cash flow by $6 billion by the end of 2020. |
Who is next will likely be those whose primary business model relies on selling to people who take out loans to buy the product.