It’s Giving Tuesday, and the Marketplace Investors Challenge Fund is matching gifts to triple your impact!
GM reports strong fourth-quarter earnings
General Motors CEO Mary Barra holds a media briefing prior to the start of the 2015 GM Annual Meeting of Stockholders at GM world headquarters June 2015 in Detroit, Michigan.
Bill Pugliano/Getty Images
General Motors released positive fourth-quarter earnings on Wednesday. This comes just two months after the car manufacturer pledged to eliminate several car models and reduce its workforce by 14,000 jobs. GM says the planned factory closures and layoffs will save the company at least $2 billion this year. Robust pickup truck and SUV sales have helped GM weather a slowdown in the United States and China. The company also announced it will add 1,000 new jobs to a truck plant in Michigan. It’s a strategy it says will lead to a greener, more autonomous future.
Click the audio player above to hear the full story.
Stories You Might Like
There’s a lot happening in the world. Through it all, Marketplace is here for you.
You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible.
Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.