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Marketplace Morning Report

The age of fraud

May 17, 2019
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General Motors kills 6 models as sales decline

Jed Kim Nov 26, 2018
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The newly unveiled 2014 Chevrolet Impala is diaplayed at the New York International Auto Show at the Jacob Javits Convention Center on April 4, 2012 in New York City. 
Mario Tama/Getty Images

Simply put, sedans aren’t selling. With it’s bold new restructuring plan, General Motors is killing six models, including the Cruze, the Impala and the semi-electric Volt. GM CEO Mary Barra’s strategy is an attempt to get ahead of declining sales projections through 2020. But with the China auto market sagging and tariffs to contend with, is there really a strategic remedy for any automaker? Jed Kim takes a look at GM’s efforts to stay agile.

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