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Jun 19, 2019

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GM’s profit outlook is rising after announcing restructuring in November

Mitchell Hartman Jan 11, 2019
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Back in November, General Motors unloaded a big bummer of an announcement: five plant closures, about 15,000 layoffs and the dispensing of several car models. GM said all that would save $4.5 billion by 2020. Today, GM CEO Mary Barra said the company expects 2018 earnings will be stronger than previously expected and said 2019 is looking good, too.

Click the audio player above to hear the full story.

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