GM's saving grace

Don't write the last chapter on the world's largest automaker yet. Despite billions of dollars in losses and the elimination of a third of its workforce this year, General Motors is poised for a turnaround '' ... Full Story

Yukon, OK

#1 Dec 28, 2006
Despite all the negatve publicity and the distraction of the proposed alliance with Nissan/Renault the restructuring seems to be on track for a successful revival of GM. This bodes well for GM's current management team. The game plan is providing a much needed new product offensive. Mr. Wagoner and Mr. Lutz can focus energy on overcoming the competitors, instead of responding to Mr. K and Mr. York's demands. Good luck General and Happy New Year, full speed ahead.

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